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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.
The bill, however, would not eliminate medical debt. “You’re still responsible for the debt, but it won’t ruin the rest of ...
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 ...
Several Ohio cities, including Columbus, Cleveland and Toledo, have already implemented programs to forgive medical debt for residents. State lawmakers want to make life easier for Ohioans who ...
COLUMBUS, Ohio — A bipartisan pair of Ohio lawmakers want to keep medical debt from tanking people’s credit or garnishing their paychecks. The Ohio Medical Debt Fairness Act, introduced ...