Starting in 2023, medical collections tradelines less than $500 will no longer be reported on consumer credit reports. Medical bills under $500 are significantly more likely to remain on a credit report for longer than medical bills over $500. For patients and families who have only relatively small outstanding medical bills, the $500 threshold could mean a large reduction in coercive credit reporting.
https://www.consumerfinance.gov/abo...cts-of-medical-debt-credit-reporting-changes/
https://www.consumerfinance.gov/abo...cts-of-medical-debt-credit-reporting-changes/
