Minnesota’s usury law imposes a cap of 8 percent interest on medical debts.
The lawsuit charges Allina with violating state usury laws as well as the state’s consumer fraud laws. The lawsuit seeks to enjoin Allina from violating these laws and to obtain refunds for patients who were charged usurious and unlawful rates of interest.
Read the news release about the Allina Health System lawsuit.
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.
