Medical debt from a failed health care system should not destroy American citizens' credit. Stop credit bureaus from using medical debt as judgment.
Why is this important?
Medical bills that wind up in collections hurt your credit scores more than they should.
That was the conclusion the Consumer Financial Protection Bureau reached after studying 5 million credit reports earlier this year. The federal regulator tracked how well credit scores predicted people's future creditworthiness after medical bills.
The answer: Not that well. The C F P B says people with medical collections generally paid their other obligations on par with those whose credit scores were 10 points higher. And those who paid off their medical collections should have received scores 16 to 22 points higher on average.
Remove the Medical Debt of Tens Of Millions of American Citizens and the country will flourish. With regard to wanting a change to OUR healthcare system, START HERE
