The July 11 hearing will focus on medical billing and payments.
07/05/2023 10:30 A.M.
1 minute read
The Consumer Financial Protection Bureau is hosting a hearing with leadership from the White House, the U.S. Department of Health and Human Services (HHS), and the U.S. Department of the Treasury on July 11 to discuss medical billing and collections, with a focus on medical payment products.
CFPB Director Rohit Chopra will provide remarks along with White House, HHS and Treasury officials. Community organizations, advocates and members of the public will also attend the hearing, available in person and via live stream.
RSVP for the hearing on the CFPB’s website.
Meanwhile, the CFPB has also announced a pre-rule related to the Fair Credit Reporting Act, ACA International previously reported.
The CFPB subsequently announced a Small Business Regulatory Enforcement Act (SBREFA) panel related to proposed rules for credit reporting.
In regard to the FCRA rulemaking, ACA has pointed out that the CFPB does not have jurisdictional authority over many issues related to medical debt and has limited authority under the FCRA to engage in rulemaking in this area, according to an ACA letter (PDF) to Capitol Hill on the CFPB’s semiannual report to Congress.
ACA will be working with members participating in the SBREFA process for the proposed credit reporting rules and identifying both legal and policy concerns with CFPB actions related to medical debt.
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