US Congress Senate Bill 4037 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on June 23 2020 - 25% progression, died in committee
Action: 2020-06-23 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Prohibits credit reporting agencies from including certain medical debt on a credit report if (1) the consumer was covered by a health insurance plan at the time of the medical event; and (2) the consumer has paid, or is paying as part of a payment plan, the consumer's share of copayments, deductibles, and coinsurance. Credit reporting agencies are also prohibited from reporting certain debts incurred for unconscionably excessive medical expenses for health care items and services furnished at a hospital participating in Medicare. The bill also provides for the removal from a credit report of an impairment resulting from a medical debt within 30 days of notification that the consumer (1) has paid in full, or (2) is in regular compliance with a payment plan.

Patient Credit Protection Act of 2020

Sen. Kelly Loeffler [R-GA]

Date	Chamber	Action
2020-06-23	Senate	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/senate-bill/4037/all-info
Text	https://www.congress.gov/116/bills/s4037/BILLS-116s4037is.pdf