The agency will take action against double billing, insufficient documentation, and false filings.
The Consumer Financial Protection Bureau (CFPB) recently issued a legal guidance for medical debt collectors, reminding them that they will be held liable for attempting to collect inaccurate medical debts. Illegal collection practices include pursuing insufficiently documented debts, debts that exceed legal caps, or bills that take advantage of consumers not knowing their rights to dispute certain charges.
“Medical billing is often riddled with errors, including inflated or duplicative charges, fees for services the patient never received, or charges already paid,” CFPB Director Rohit Chopra stated. “The CFPB is taking action to ensure that Americans are not unfairly chased by debt collectors over unsubstantiated or invalid medical bills.”
As the Lord Leads, Pray with Us…
- For Director Chopra to be led by God as he heads the Consumer Financial Protection Bureau.
- For U.S. officials to be discerning as they seek to ensure companies adhere to federal regulations.
Sources: Reuters, The Hill
