Biden administration issues rule blocking medical debt from credit reports

Biden administration issues rule blocking medical debt from credit reports

Assessment

Interactive Video

Health Sciences, Business, Biology

University

Hard

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The video discusses the impact of medical debt on Americans and the economy, highlighting a new rule by the Biden administration that will remove $49 billion in medical debt from credit reports. This rule aims to improve credit scores and increase mortgage approvals. It also addresses inaccuracies in medical bills and introduces privacy measures, prohibiting the use of medical information in loan decisions and banning medical devices as collateral.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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