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The bipartisan act would not eliminate the debt but rather provide relief for people who are currently facing medical debt.
Ohio legislators introduced a bill to cap medical debt interest at 3% and ban reporting to credit agencies, aiming to ease financial strain on families.
Currently in Ohio, if a medical bill goes to collections, patients can face an interest rate of 8% or higher, according to Grim. While the legislation does not forgive medical debt, its sponsors ...
She introduced the Ohio Medical Debt Fairness Act alongside Cincinnati ... 22 Democrats signed on to the legislation as co-sponsors. “This bill won’t fix all the problems with our healthcare ...