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White House outlines steps to relieve
medical debt

Original Article

Posted By: Ribicon, 4/11/2022 11:32:39 AM

The Biden administration on Monday directed agencies to no longer use medical debt as a fact in underwriting loans through federal programs. Americans should be able to apply for rural housing service loans without fear that their medical debt could keep them from getting a mortgage from the U.S. Department of Agriculture, the White House said in one example. The Small Business Administration will find ways to reduce the impact of medical debt on small businesses’ access to capital, and the government will ensure the Fannie Mae and Freddie Mac loans companies use measures of creditworthiness that are “accurate, reliable and predictive,” the administration said.(Snip)Black and Hispanic households are

Comments:

Black and Latinx households having more medical debt than the hated white people is proof positive that medical debt is racist, and should be paid off by the taxpayers. But why should anyone have medical debt at all? Baraque Hussein Obama, with a wave of His hand and a stroke of His mighty pen, made medical care affordable to one and all.

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Reply 1 - Posted by: Quigley 4/11/2022 11:38:11 AM (No. 1125411)
Plan: vote Dim, receive check. Further payments can be anticipated in late October.
6 people like this.

Reply 2 - Posted by: qr4j 4/11/2022 12:27:17 PM (No. 1125454)
So the Affordable Care Act really isn't affordable after all.
6 people like this.

Reply 3 - Posted by: SkeezerMcGee 4/11/2022 12:33:38 PM (No. 1125457)
Here the federal government goes again! It lends money to, or guarantees loans to, borrowers who will never repay such loans, eventually leaving the feds holding the bag on $ billions of bad loans. Remember George Bush's everyone should own a home programs?
3 people like this.

Reply 4 - Posted by: udanja99 4/11/2022 1:53:17 PM (No. 1125520)
Has anyone in DC given a thought to the idea that black and Hispanic households have more medical debt because they have unhealthy habits and live unhealthy lives? I don’t know about you but I’m tired of paying for everyone else’s medical care when I have to pay for my own.
3 people like this.

Reply 5 - Posted by: zephyrgirl 4/11/2022 2:02:42 PM (No. 1125530)
Medical debt, student loan debt. What's next? Car loans? Mortgages? A free ride for everyone!
3 people like this.

Reply 6 - Posted by: Robert Jones 4/11/2022 4:55:34 PM (No. 1125649)
Easy. Just don't make the patient pay the debt. Now the problem's solved. The hell with a functional medical system.
1 person likes this.

Reply 7 - Posted by: mifla 4/12/2022 6:29:47 AM (No. 1126036)
So, Obamacare didn't fix any of this? Were we lied to? I am shocked!
0 people like this.

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