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Started By
Message
Medical Debt Should Not Ever Be Used to Harm Credit Worthiness
Posted on 5/8/24 at 8:35 pm
Posted on 5/8/24 at 8:35 pm
I have always wondered how or why a person's credit worthiness can be harmed by medical debt. Incurring debt is generally a decision made by the debtor.
Getting sick or injured is not a decision made by the sick or injured. Why should credit worthiness take a hit?
Bill to Cancel Medical Debt Coming
Getting sick or injured is not a decision made by the sick or injured. Why should credit worthiness take a hit?
Bill to Cancel Medical Debt Coming
26
Posted on 5/8/24 at 8:38 pm to Timeoday
Medical debt doesn’t hurt your credit score. Not paying your medical debt back does.
Posted on 5/8/24 at 8:43 pm to Timeoday
There is no such thing as cancelling a debt. Someone is getting screwed. Who is it? The doctor not getting paid? The insurance company that is owed? The person that paid for their medical?
Govt is picking winners and losers with other peoples money. Such a noble cause. Good grief.
Govt is picking winners and losers with other peoples money. Such a noble cause. Good grief.
Posted on 5/8/24 at 8:45 pm to Timeoday
“Doctors and nurses shouldn’t be paid for their labor”
There, I fixed OP
There, I fixed OP
Posted on 5/8/24 at 8:48 pm to Riverside
quote:
Medical debt doesn’t hurt your credit score. Not paying your medical debt back does.
This. Hospitals are more than willing to negotiate payment plans. The only way it's going to ding your credit is if you refuse to pay the money you owe.
Posted on 5/8/24 at 8:48 pm to Riverside
quote:
Medical debt doesn’t hurt your credit score. Not paying your medical debt back does.
This. Hospitals are more than willing to negotiate payment plans. The only way it's going to ding your credit is if you refuse to pay the money you owe.
Posted on 5/8/24 at 8:48 pm to Riverside
Dp
This post was edited on 5/8/24 at 8:49 pm
Posted on 5/8/24 at 8:48 pm to RebelExpress38
quote:
“Doctors and nurses shouldn’t be paid for their labor”
My wife works for a doctor that had $250k of student debt cancelled.
Posted on 5/8/24 at 8:51 pm to AUX3
quote:
There is no such thing as cancelling a debt.
Posted on 5/8/24 at 8:55 pm to AUX3
quote:
There is no such thing as cancelling a debt. Someone is getting screwed. Who is it? The doctor not getting paid? The insurance company that is owed? The person that paid for their medical?
Govt is picking winners and losers with other peoples money. Such a noble cause. Good grief.
What I find interesting is you can not discharge gooooooooooberment debt.
quote:
“Doctors and nurses shouldn’t be paid for their labor”
“Doctors and nurses shouldn’t be paid for their excessive cost of labor”.
FIFY
This post was edited on 5/8/24 at 9:32 pm
Posted on 5/8/24 at 9:01 pm to Timeoday
What’s next, vet bills? Car mechanics? Professionals are entitled to be paid for their services.
Posted on 5/8/24 at 9:02 pm to Timeoday
The government doesn't control credit scores (that we know of). Those are private rating agencies with their own private data mining operations.
"Forgiving" medical debt won't change the credit score.
If Credit Scores hurt by medical debt are a problem, then congress can say no credit scores affected by medical debt, and force the credit scoring agencies to abide.
Simply paying off medical debt for hundreds of millions of people doesn't fix their credit score.
"Forgiving" medical debt won't change the credit score.
If Credit Scores hurt by medical debt are a problem, then congress can say no credit scores affected by medical debt, and force the credit scoring agencies to abide.
Simply paying off medical debt for hundreds of millions of people doesn't fix their credit score.
Posted on 5/8/24 at 9:05 pm to Timeoday
quote:
I have always wondered how or why a person's credit worthiness can be harmed by medical debt.
If you don't pay a person you owe money to, the next person you ask to lend you money will be curious if you will also not pay the money you owe them. Mystery solved here.
quote:
The burden of medical debt appears to disproportionately fall on certain marginalized communities in the US.
I knew this would be in the article.
Posted on 5/8/24 at 9:08 pm to Timeoday
The last time I checked it costs money to provide medical services. Your doctor has to pay his rent, office staff, malpractice insurance, etc. Most doctors and hospitals will accept monthly payments even in small amounts and will not report the account as delinquent if regular payments are made.
Posted on 5/8/24 at 9:21 pm to McChowder
quote:
Hospitals are more than willing to negotiate payment plans. The only way it's going to ding your credit is if you refuse to pay the money you owe.
Agreed, I haven't worked since April 27, 2023 because of chemotherapy (been done with chemo since January) and neuropathy (result of chemotherapy), and now I fell and broke my shoulder delaying my return to work even longer. But, maintained my insurance, and have long term disability insurance. But, I have a payment plan and have made the minimum monthly payments. The hospitals will work with you.
Posted on 5/8/24 at 9:23 pm to Timeoday
We live in the richest, wealthiest most powerful country in history and many people still go fricking bankrupt from getting sick. What a place.
Posted on 5/8/24 at 9:25 pm to Thundercles
quote:
quote: The burden of medical debt appears to disproportionately fall on certain IRRESPONSIBLE communities in the US.
FIFY
Posted on 5/8/24 at 9:25 pm to RebelExpress38
Doctors and nurses willingly murdered untold thousands with their Remdesivir and ventilator protocol. Patient after patient died and they just kept pressing on. Then they pushed the vaccine and told the unvaccinated they hoped we all died. So yeah, they're not owed a cent.
Posted on 5/8/24 at 9:27 pm to Damone
quote:
We live in the richest, wealthiest most powerful country in history and many people still go fricking bankrupt from getting sick. What a place.
Be responsible, maintain insurance and it will take care of you. Insurance paid almost $1.5 million for my cancer treatment, and I owe a manageable $10,000ish for my cancer treatment
Posted on 5/8/24 at 9:38 pm to SloaneRanger
quote:
What’s next, vet bills? Car mechanics? Professionals are entitled to be paid for their services.
If my vet quotes too high a price, I put the animal down. What's next, me going to jail because I killed my animal because I could not afford the vet?
Have not ever had a problem with car mechanics due to car lease language.
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