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Committee approves amendment to S.27 to fund medical-debt buyouts and narrow credit-reporting ban
Summary
A Senate Health & Welfare committee on Feb. 28 adopted an amendment to S.27 that directs $1,000,000 to a treasurer-administered contract to acquire and repay qualifying medical debts and replaces the bill’s credit-reporting prohibition with a narrower, newly defined prohibition on reporting medical debt.
A Senate Health & Welfare committee on Feb. 28 approved an amendment to S.27 that allocates $1,000,000 to the state treasurer to contract with a nonprofit to acquire and repay certain medical debts and replaces the bill’s original credit-reporting prohibition with a new, narrower definition of medical debt.
Committee counsel Jen Kirby of the Office of Legislative Counsel summarized the amendment as a one-section replacement of the bill’s reporting language and walked members through the new definition. Kirby said the appropriation is “a million dollars to the treasurer to contract with a nonprofit entity to acquire and repay certain medical debts incurred by Vermont residents, who either have a household income at or…
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