AN ACT CONCERNING MEDICAL DEBT.

HB 5424 limits how medical debt can be collected and affects patients with unpaid medical bills. It prohibits selling medical debt more than twice, restricts collection actions to three years after the debt was incurred, and requires debt collectors to recover only the actual cost of care (not inflated amounts). The bill also bans credit agencies from using medical debt in credit scoring and adds transparency rules for companies buying medical debt. These changes directly impact patients, healthcare providers, debt collectors, and credit bureaus.