Medical debt will no longer appear on the credit reports of New York residents. The change signed into law Wednesday by Gov. Kathy Hochul takes effect immediately.

Unpaid medical debt will no longer appear in New York residents’ credit reports under a bill signed into law by Gov. Kathy Hochul on Wednesday.

The law prohibits credit agencies from collecting information about or reporting medical debt. The law also bans hospitals and health care providers in the state from reporting such debt to the agencies.

New York is the second state after Colorado to enact such a law. A similar nationwide measure is being considered by the federal Consumer Financial Protection Bureau.

“Medical debt is such a vicious cycle. It truly hits low-income earners, but it forces them to stay low-income earners because they can’t never get out from under it,” Hochul, a Democrat, said at the bill- signing ceremony in New York City.

  • TexMexBazooka
    23·
    11 months ago

    I mean… good. I say this as someone living in Texas. Just let it play out, people in red states will suffer, and it’ll probably be their kids that figure shit out.

    • Ensign_Crab@lemmy.worldEnglish
      4·
      11 months ago

      The point of these policies is to get Democrats to leave and further cement Republican majorities in red states. If Republicans secure a permanent Senate majority like they’re trying to do here, do you suspect they’ll be content with keeping their policies at the state level?

      Oh well, at least you’ll get to see more stories about women denied abortions so you can laugh at them and say they deserved it, just like Republicans do.