The CFPB’s Continued Spotlight on Medical Debt Emphasizes the Importance of Proper Provider Billing

Last month, the Consumer Financial Protection Bureau (CFPB) issued its 2023 Annual Report on the Fair Debt Collection Practices Act (FDCPA), which notes the CFPB’s activities and observations related to debt collection in 2022. The CFPB is continuing its trend of focusing its attention on medical debt. The CFPB claims that the collection, furnishing, and reporting of medical bills is plagued by inaccuracies.