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Valued Contributor
Posts: 1,451
Registered: ‎03-19-2008
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Can a CA charge interest on a medical bill?

Seems like I remember reading somewhere that you can't charge interest on a medical collection. ??
Senior Contributor
Posts: 3,494
Registered: ‎05-25-2008
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Re: Can a CA charge interest on a medical bill?

I think it depends on the agreement with the doctor's office that you signed as a new patient. Some doctors will have that proviso. Some won't.

Also, AFAIK, some states allow CAs to charge fees and interest! What state are you in?

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Hubby's FICOs when we started: high 400s (June 2008)
Hubby's FICO NOW (04/06/09): TU: 679 EQ: 608 EX: ???
My FICOs: TU: 643, EQ: 606
Closed on new home: 1/20/2009 -- If we can do it, YOU can do it!!

Valued Contributor
Posts: 1,451
Registered: ‎03-19-2008
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Re: Can a CA charge interest on a medical bill?

The doctor & CA were both in NC.
Senior Contributor
Posts: 3,494
Registered: ‎05-25-2008
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Re: Can a CA charge interest on a medical bill?

Okay, searching ...

One thing I came up with is a notation that they passed a bill in the State Congress that states that a non-private hospital can charge interest ... does this apply to you? Or is it from a private hospital or doctor??

*Back to searching!*

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Hubby's FICOs when we started: high 400s (June 2008)
Hubby's FICO NOW (04/06/09): TU: 679 EQ: 608 EX: ???
My FICOs: TU: 643, EQ: 606
Closed on new home: 1/20/2009 -- If we can do it, YOU can do it!!

Valued Contributor
Posts: 1,451
Registered: ‎03-19-2008
0

Re: Can a CA charge interest on a medical bill?

Don't think it was private.. carolinas med center & carolinas med center university hosp.
 
Bill from the hosp says $55. Bill from a CA says $180.
Senior Contributor
Posts: 3,494
Registered: ‎05-25-2008
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Re: Can a CA charge interest on a medical bill?

Okay, back again!

From what I can see the answer is NO. Unless the agreement you signed with the hospital or doctor included the proviso "we reserve the right to charge interest" you cannot be charged interest rates by the CA, UNLESS (apparently) the OC is a state-run hospital.

Did that make sense?? Yeesh!

Also, the law provides you to demand an accounting of HOW they arrived at that amount (but you probably already know that). And they have to tell where the interest originated (from them? from the OC?).

I hope that helped some!!! Someone else will more than likely come along that knows collection law far better than I do!

Anyone??

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*

Hubby's FICOs when we started: high 400s (June 2008)
Hubby's FICO NOW (04/06/09): TU: 679 EQ: 608 EX: ???
My FICOs: TU: 643, EQ: 606
Closed on new home: 1/20/2009 -- If we can do it, YOU can do it!!

Senior Contributor
Posts: 3,494
Registered: ‎05-25-2008
0

Re: Can a CA charge interest on a medical bill?

By your state LAW they can only add charges that you agreed to at the time you entered into the agreement UNLESS they obtained a judgment against you ... in that case, they can charge you 8% interest. How old is this? Would that 8% account for the difference??

I think you're being rooked. Who's the CA? I'd demand an accounting of what the extra $$ is for EXACTLY and who is tacking it on. If it's the CA it's a no-go and illegal. At least, that's what the web's stating.

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*

Hubby's FICOs when we started: high 400s (June 2008)
Hubby's FICO NOW (04/06/09): TU: 679 EQ: 608 EX: ???
My FICOs: TU: 643, EQ: 606
Closed on new home: 1/20/2009 -- If we can do it, YOU can do it!!

Valued Contributor
Posts: 1,451
Registered: ‎03-19-2008
0

Re: Can a CA charge interest on a medical bill?

Well it doesn't matter anyway. I paid the OC for all the bills. The CA is just refusing to delete, saying I still owe THEM. But I can prove that I paid the OC for this account. It's just interesting they've arrived at an am't that's 3.5 times the am't of the original bill ($55). And I have the original bill. DOS was 1/3/03 but I got a bill for it in Feb of this year, so I also know the OC wasn't charging any interest.
 
I just want them to get it off my CR, as it's HIPAA info anyway and I just don't like people knowing that I was in the hosp at some point... I'm getting back to them tomorrow, I think we'll be able to work this out once I mention that I'm uncomfy w/ HIPAA-protected info being held by the CA.
Valued Contributor
Posts: 1,451
Registered: ‎03-19-2008
0

Re: Can a CA charge interest on a medical bill?

P.S. Thanks so much for doing that research!
Moderator Emeritus
Posts: 9,252
Registered: ‎03-19-2007
0

Re: Can a CA charge interest on a medical bill?

Nice research- 
 
If they can't can't validate the additional charges- that is a FDCPA violation

ivyalmighty wrote:
P.S. Thanks so much for doing that research!



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