Bill > HB1302

This bill, known as the Medical Debt Interest Act, establishes new regulations regarding medical debt in Pennsylvania by defining key terms and limiting interest rates. The bill defines a "health care provider" as medical facilities and emergency services, "medical debt" as money owed for health care services, and a "medical debt collector" as entities attempting to collect or purchasing medical debt for collection. The bill's primary provision restricts health care providers and medical debt collectors from charging interest rates higher than 6% on medical debt. If a provider or collector violates this interest rate cap, they will be considered to have committed an unfair or deceptive act under the Unfair Trade Practices and Consumer Protection Law. The bill also empowers individuals to seek court injunctions or other equitable relief to enforce these provisions. Importantly, the law will take effect 60 days after its passage, giving medical providers and debt collectors time to adjust their practices to comply with the new interest rate limitation.

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https://www.legis.state.pa.us/cfdocs/billinfo/bill_history.cfm?syear=2025&sind=0&body=H&type=B&bn=1302