Several federal agencies have announced plans to scrutinize medical credit cards, loans and other financial products used to pay for health care. The Consumer Financial Protection Bureau, Centers for Medicare & Medicaid Services, Department of Health and Human Services and Department of the Treasury jointly released a request for information about the prevalence and nature of these products, as well as their impact on consumers and consumer protections.
"This inquiry builds on the department's work to protect patients from unfair billing practices, lower costs and increase transparency in our health-care system," HHS Secretary Xavier Becerra said. "Hearing directly from patients about their experiences will help shape policies that can prevent families from incurring medical debt."
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