Bill > HB05194

This bill aims to prohibit health care providers from engaging in certain potentially exploitative lending practices by amending title 19a of the general statutes. Specifically, the bill would prevent health care providers from advertising or offering patients credit card or financing payment options that include deferred interest payments or other practices considered predatory. Deferred interest payments typically allow patients to delay paying interest on a medical bill for a set period, but if the entire balance is not paid within that timeframe, interest can be applied retroactively to the original purchase date, often at high rates. By restricting these financing options, the bill seeks to protect patients from potentially burdensome or unexpected financial obligations that could arise from medical treatment financing, ensuring that health care providers cannot use lending practices that might take advantage of patients' medical and financial vulnerabilities.

Health and Social Services, Justice

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05194&which_year=2025