Maryland Regulators, Lawmakers Looking To Limit Interest Hospitals, Collection Agencies Add To Delinquent Bills

Maryland lawmakers and state regulators at a state Senate Finance Committee hearing on Thursday discussed whether the state has the ability to restrict hospitals and their collection agencies from adding interest to delinquent medical bills at twice the state’s allowable rate for other types of debt, the Baltimore Sun reports (Drew, Baltimore Sun, 2/28).

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Filed under: Health Insurance / Medical Insurance on March 8th, 2009