Loading...
Market
Impact on personal credit scores by Medical Debt Cancellation Act by 2025
5
Resolution / Starting Odds
Significant improvement • 25%
Moderate improvement • 25%
No change • 25%
Worsening • 25%
Credit bureaus and financial research reports
Story
Sanders, Khanna Propose Bill to Erase $220 Billion in US Medical Debt
May 8, 2024, 05:52 PM
Senator Bernie Sanders and Congressman Ro Khanna have introduced a legislative proposal aimed at eliminating all medical debt in the United States, which amounts to approximately $220 billion. The proposed 'Medical Debt Cancellation Act' seeks to create a federal grant program that would not only cancel this debt but also prevent creditors from collecting on past medical bills. This initiative comes in response to the over 100 million Americans currently burdened by medical debt.
View original story
Similar markets
Significant improvement • 33%
Moderate improvement • 33%
No significant change • 34%
Significant improvement • 33%
Moderate improvement • 33%
No change • 34%
Significant improvement • 33%
Moderate improvement • 33%
No change • 33%
Increased by more than 20 points • 25%
Increased by 10-20 points • 25%
Increased by less than 10 points • 25%
No significant change • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Highly favorable • 25%
Somewhat favorable • 25%
Somewhat unfavorable • 25%
Highly unfavorable • 25%
Positive impact • 33%
Neutral impact • 33%
Negative impact • 33%
Additional debt cancellation measures • 33%
Reform of medical billing practices • 33%
No significant actions • 34%