New Colorado law prevents medical debt from showing on your credit report

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House Bill 23-1126 passed the Colorado legislature and was signed by Governor Polis intending to change how medical debt is viewed on credit reports by the three major reporting agencies.

DENVER — Coloradans who have accumulated medical debt should check their credit reports as a first-in-the-nation law went into effect in August that with few exemptions, essentially removes medical debt from being reported in consumer credit reports.

“That's a problem for Coloradans with medical debt because credit reports and credit scores are used in a lot of really important situations,” said Julia Char Gilbert, Connelly Policy Advocate Colorado Center on Law and Policy.

Coloradans hit with surprise ambulance bills not covered by new laws “You can go to annualcreditreport.com to get copies of your credit reports and review them to see if your medical information is still on there,” said Gilbert. “ If you do see an error, like if your medical data is still showing up even though this new law prohibits that you have the right to take action and file what's called a dispute.

 

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