Skip to Main Content
Services Talent Knowledge
Site Search
Menu

News

January 26, 2024

Fran Ciardullo's Alert Cited in Yahoo! News Article on Elimination of Medical Debt for NYC Residents

Fran Ciardullo, special counsel, had her “NYS Governor Hochul Signs Legislation Prohibiting Hospital, Health Care Professionals, and Ambulance Companies From Reporting Medical Debt to Credit Agencies” alert quoted in the Yahoo! News article “NYC Wiping Out Billions in Medical Debt for 500K Residents.” 

Over the next three years, New York City officials, in collaboration with not-for-profit RIP Medical Debt, will invest over $18 million to eliminate $2 billion in medical debt for 500,000 New York City residents. The article states:

The new initiative comes a month after New York Gov. Kathy Hochul signed a bill prohibiting hospitals and other healthcare providers from disclosing medical debt to credit bureaus. Barclay Damon LLP reported that the goal of the law was to lessen the financial burden illness and injury can cause an individual.

According to Barclay Damon, a 2023 Urban Institute study revealed that 740,000 New Yorkers have medical debt included on their credit records. People of color are twice as likely to have medical debt reported to a credit agency, and low-income people are three times more likely.

Click here to read the full article.

Subscribe

Click here to sign up for alerts, blog posts, and firm news.

Featured Media

Alerts

Bankruptcy Avoidance Actions, Part 2 – Fraudulent Transfers

Alerts

NYS Court of Appeals: CVA Plaintiff Must Prove Notice of Abuse Applying Then-Prevailing Standards in Decades-Old Sexual Abuse Case

Alerts

Website Accessibility Lawsuits: Several "Tester" Plaintiffs—Darnell Williams, Tanisia Bowman, Dominique Tompkins, Kimberly Miller, and Judith Adela Fernandez Martinez—Targeting Businesses in Recent Flurry of Lawsuits

Alerts

Federal Court Voids Regulation Authorizing IRS to Assess ACA Employer Penalties

Alerts

Building Industry Groups and Municipalities Clash With NYSDEC Over Recent Changes to State Wetland Law and New Wetland Regulations

Alerts

Not-for-Profits Face New Threats to Tax-Exempt Status


 

This site uses cookies to give you the best experience possible on our site and in some cases direct advertisements to you based upon your use of our site.

By clicking [I agree], you are agreeing to our use of cookies. For information on what cookies we use and how to manage our use of cookies, please visit our Privacy Statement.

I AgreeOpt-Out