{"id":42424,"date":"2023-01-16T10:44:11","date_gmt":"2023-01-16T10:44:11","guid":{"rendered":"http:\/\/www.brandon.ddtest.info\/multisite-test\/nydfs-describes-plan-to-include-medical-debt-in-consumer-credit-fairness-act\/"},"modified":"2023-01-16T10:44:11","modified_gmt":"2023-01-16T10:44:11","slug":"nydfs-describes-plan-to-include-medical-debt-in-consumer-credit-fairness-act","status":"publish","type":"post","link":"http:\/\/www.brandon.ddtest.info\/multisite-test\/nydfs-describes-plan-to-include-medical-debt-in-consumer-credit-fairness-act\/","title":{"rendered":"NYDFS describes plan to include medical debt in Consumer Credit Fairness Act"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"lex-article-body\" style=\"display:block\" data-integrity-check=\"451386AA402F64C84E3D0CAE2C81049B\" data-content-slug=\"6a9fbbc0-4d88-42fe-a278-0b558d5fa692\" data-friendly-name=\"NYDFS describes plan to include medical debt in Consumer Credit Fairness Act\" data-firm-ref=\"1067976\" data-content-type=\"Article\" data-workareas=\"4,20\" data-jurisdictions=\"1\">\n<p>On January 10, NYDFS <a class=\"logclick ct_cont\" target=\"_blank\" href=\"https:\/\/www.dfs.ny.gov\/reports_and_publications\/press_releases\/pr202301101\" rel=\"noopener\">announced<\/a> that the New York governor revealed several healthcare-related proposals in the State of the State address, including a plan to include medical debt in the state\u2019s Consumer Credit Fairness Act. NYDFS noted that the governor \u201cwill create a comprehensive plan to address excessive medical debt\u201d by amending \u201cthe Consumer Credit Fairness Act to cover medical debt, launching an industry and consumer education campaign that addresses medical debt and affordability, and reforming hospital financial assistance applications to require hospitals to use a uniform application form.\u201d According to NYDFS, the best way to combat \u201cmedical debt is a commitment to an affordable and equitable healthcare system with transparency that empowers consumers, regardless of their socioeconomic status.\u201d<\/p>\n<\/div>\n<p><em><strong>Buckley LLP offers premier enforcement, litigation, compliance, regulatory, and transactional services to financial services institutions and early stage and leading fintech and technology companies, as well as venture capital and private equity funds, investment companies, and corporate and individual clients throughout the world.<\/strong><\/em><\/p>\n<p><em><strong>Learn more at\u00a0<a href=\"https:\/\/buckleyfirm.com\/?utm_source=content&amp;utm_medium=footer&amp;utm_campaign=lexology\">buckleyfirm.com<\/a>\u00a0and\u00a0<a href=\"https:\/\/buckleyfirm.com\/news-and-blogs\/infobytes-landing?utm_source=content&amp;utm_medium=footer&amp;utm_campaign=lexology\">subscribe<\/a>\u00a0to our InfoBytes newsletter to have the latest news, events, and developments affecting the financial services industry delivered every week to your inbox.<\/strong><\/em><\/p>\n\n<br \/><a href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiU2h0dHBzOi8vd3d3LmxleG9sb2d5LmNvbS9saWJyYXJ5L2RldGFpbC5hc3B4P2c9NmE5ZmJiYzAtNGQ4OC00MmZlLWEyNzgtMGI1NThkNWZhNjky0gEA?oc=5\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On January 10, NYDFS announced that the New York governor revealed several healthcare-related proposals in the State of the State address, including a plan to include medical debt in the state\u2019s Consumer Credit Fairness Act. NYDFS noted that the governor \u201cwill create a comprehensive plan to address excessive medical debt\u201d by amending \u201cthe Consumer Credit &hellip;<\/p>\n","protected":false},"author":1,"featured_media":42425,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[161],"tags":[],"_links":{"self":[{"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/posts\/42424"}],"collection":[{"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/comments?post=42424"}],"version-history":[{"count":0,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/posts\/42424\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/media\/42425"}],"wp:attachment":[{"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/media?parent=42424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/categories?post=42424"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.brandon.ddtest.info\/multisite-test\/wp-json\/wp\/v2\/tags?post=42424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}