Bill > HB05500

This bill aims to modify Chapter 669 of the general statutes to prohibit credit rating agencies from including medical debt in credit reports. In plain language, this means that if an individual has unpaid medical bills, credit rating agencies (companies that compile credit histories and calculate credit scores) would be prevented from listing those medical debts on a person's credit report. Credit reports are important documents that lenders, landlords, and employers often review to assess an individual's financial reliability, and a negative credit report can make it harder to obtain loans, rent apartments, or secure certain jobs. By preventing medical debt from being included in these reports, the bill seeks to protect individuals from experiencing long-term financial consequences related to healthcare expenses, which can often be unexpected and substantial. The legislation recognizes that medical debt may not be a fair indicator of a person's overall financial responsibility, as medical costs can be high and arise from circumstances beyond an individual's control.

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https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05500&which_year=2025