Medical Debt Bill Proposed At Ohio Statehouse

(ONN) – It is estimated that almost 1 million Ohioans have medical debt, and new bipartisan legislation at the Ohio Statehouse could ease some of the problems associated with carrying that debt.

Many people are one medical emergency away from being in a financial crisis.

Now there’s a bipartisan push to address the crisis at the state level.

The bill would prohibit medical debt from appearing on credit reports, ban wage garnishment, and cap interest at 3 percent, down from the current 8 percent.

Lawmakers say the bill does face opposition, mostly from debt collectors.

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