CFPB funding in the crosshairs to be eliminatedLegislation has been introduced in both the House and the Senate aimed at eliminating all funding for the Consumer Financial Protection Bureau (CFPB).…
Wyoming House Bill 0195 was introduced in mid-January. It aimed to prohibit reporting medical debt to credit reporting agencies (CRAs) and created a civil penalty for healthcare facility and/or the…
Indiana SB 317 defeated after third readingA pair of Indiana bills that would have impacted hospitals went two ways recently. Indiana House Bill 1004, which states that nonprofit hospitals whose…
Change is the new normal for the Consumer Financial Protection Bureau (CFPB). The CFPB changes include a new acting director being named and a nomination being made for permanent director,…
Three key points:Many patients do not understand basic healthcare terminology, including the annual deductible reset.Discussing the annual deductible reset helps your patients make better healthcare decisions.A better understanding of the…
Treasury Secretary Scott Bessent acting as head of CFPB.In a move that was expected, President Trump fired Rohit Chopra, who had led the Consumer Financial Protection Bureau (CFPB) since 2021.…
HITRUST Certified Companies Positioned to Meet Over 90-Percent of Proposed RequirementsThree key points:HHS issued a proposed rule aimed to improve HIPAA cybersecurity.HITRUST certified organizations are positioned to meet over 90%…
In less than a week of announcing its final rule updating Regulation V of the Fair Credit Reporting Act (FCRA), the Consumer Financial Protection Bureau (CFPB) has found itself on…
When the Consumer Financial Protection Bureau (CFPB) issued its final rule updating Regulation V of the Fair Credit Reporting Act (FCRA) focusing on medical debt, the industry quickly reacted with…
By Shawn Gretz, President On January 7, 2025, the Consumer Financial Protection Bureau (CFPB) finalized the Medical Debt Credit Reporting Rule, a rule that will fundamentally alter how medical debt…
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