SACRAMENTO, Calif. – Governor Newsom has signed Senate Bill 1061, a bill that prohibits the use of medical debt when calculating credit scores, into law before the deadline for pending legislation at the end of September. The new law is set to take effect on January 1 of 2025 and joins federal efforts to limit the use of medical debt in credit reporting. "With ballooning out-of-pocket health care costs, we need a fair credit system that does not punish California’s patients for seeking health care when they need it. As a nurse, I’ve seen patients who delay care because they are afraid of going into debt," explained Michelle Gutierrez Vo, RN and President of California Nurses Associat
Hence then, the article about new state law prevents medical debt from being used by credit reporting agencies effective jan 1 was published today ( ) and is available onNews channel ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( New state law prevents medical debt from being used by credit reporting agencies effective Jan. 1 )