The new law is designed to make it easier for people to get jobs, secure credit, afford rent, pay for their children’s education and build long-term wealth, according to a Dec. 13 news release from the governor’s office.
A March 2023 study from the Urban Institute found that 740,000 New Yorkers have medical debt on their credit reports, with people of color twice as likely to have medical debt referred to a credit bureau and low-income people three times more likely, according to the release.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.