Compliance Techniques for Collecting Medical Debt
1 hour 5 minutes
Gain a better understanding of the rules and requirements of medical collections.
The Consumer Financial Protection Bureau (CFPB) has a new focus on the billing, collection, and credit reporting of medical debt. Areas of recent regulation and increased regulatory scrutiny cover the waterfront of fair billing, debt collection, credit reporting practices, the new No Surprises Act, and a heightened focus on debts owed to nursing homes and other long-term care facilities for their caregiving services. This course will provide those who work in the credit billing, collection, and reporting industries with a basic understanding of these laws and regulations in the context of discussing helpful compliance techniques. The presentation will also cover recent enforcement activity by the CFPB involving medical debt.
• You will be able to review the CFPB’s focus on medical debt.
• You will be able to explain areas of recent regulation and increased regulatory scrutiny.
• You will be able to explain Fair Debt Collection.
• You will be able to describe the No Surprises Act.