Enact the Ohio Medical Debt Fairness Act

Summary

The Ohio Medical Debt Fairness Act caps the interest rate that can be charged on medical debts at three percent per year. It provides clear definitions of medical debt and lists several types of debt that are excluded, such as veterinary bills and most credit‑card charges. The measure is intended to protect Ohio consumers from excessive interest on health‑care related borrowing.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share