COLORADO PROPOSES BROAD REFORM OF STATE’S MEDICAL DEBT LAWS

The Colorado Senate Health and Human Services Committee will consider Senate Bill 93, a new bill targeted at “medical debt.” S.B. 93 would define “medical debt” as “debt, other than a healthcare loan, arising directly from the receipt of health-care services or of medical products or devices.” S.B. 93 would limit the interest rate on medical debt, impose certain requirements on repayment plans
and make violations of Colorado’s billing laws a deceptive trade practice. Read More