My cousin lost the house I grew up in (as did my mom and uncles) because of a medical debt and a hedge fund buying his mortgage and raising it to unaffordable levels. He couldn't refinance because of the medical debt! This needs to stop!

State lawmakers find America’s #medicaldebt problem ‘can no longer be ignored’

By Dan Goldberg, September 7, 2023

"Personal #medical debt has reached startling heights — and state lawmakers are taking notice.

"In the absence of federal consensus and in anticipation of congressional inaction, state legislators have enacted a variety of consumer protections to mitigate or forestall medical debt. Several more bills are being debated in the coming weeks, expected to be signed later this year and taken up when sessions reconvene in 2024.

"The actions — in more than a dozen states — represent a determined, if patchwork, effort to help the roughly 100 million Americans who deal with medical debt, late notices, threatening voicemails and credit score declines. And the bills underscore the difficulty state lawmakers have helping their distressed constituents contend with the ever-increasing costs of health care."

Read more:
https://www.msn.com/en-us/money/personalfinance/state-lawmakers-find-america-s-medical-debt-problem-can-no-longer-be-ignored/ar-AA1gnILt?rc=1&ocid=winp1taskbar&cvid=c1c4011874374a34d5dc0b19de48513c&ei=7