The Consumer Financial Protection Bureau, Centers for Medicare & Medicaid Services, Department of Health and Human Services, and Department of the Treasury jointly released a  regarding certain medical payment products, including medical credit cards, loans and other financial products used to pay for health care. The questions in the RFI relate to the prevalence and nature of these products, as well as their impact on consumers and consumer protections.  
  
Specifically, the agencies are interested in 鈥渨hether these products may contribute to health care cost inflation, displace hospitals鈥 provision of financial assistance, lead patients to pay inaccurate or inflated medical bills, increase the amount patients must pay due to financing costs, or otherwise harm patients鈥 mental, physical, and financial well-being, including through downstream credit reporting and debt collection practices.鈥

Comments on the RFI are due within 60 days of publication in the Federal Register.  

Related News Articles

Headline
The AHA yesterday responded to a request for information from the Centers for Medicare & Medicaid Services on price transparency policy, specifically the鈥
Headline
The Food and Drug Administration has issued early alerts for certain Spectrum infusion pumps from Baxter and Abiomed Automated Impella Controllers. The agency鈥
Headline
The departments of Health and Human Services, Labor, and the Treasury have certified two more independent dispute resolution entities, bringing the total鈥
Headline
The Departments of Labor, Health and Human Services, and the Treasury May 22 released several new guidance documents and requests for information on price鈥
Headline
The Centers for Medicare & Medicaid Services April 10 released key priorities for new CMS Administrator Mehmet Oz, who was confirmed to the position April鈥
Headline
The White House yesterday issued an executive order that directs the Departments of Health and Human Services, Labor, and Treasury to improve upon and鈥