Ohio SB444 limits interest on medical debt and prevents wage garnishment if a payment plan is in place.

The Ohio Medical Debt Fairness Act caps interest rates on medical debt incurred after the bill's effective date at three percent per annum. It also prohibits wage garnishment for medical debt if the debtor and creditor have agreed to a payment plan and the debtor is making payments. The act defines medical debt to include health care services or goods but excludes certain types of debt. It allows for debt scheduling agreements to prevent wage garnishment, provided the debtor makes regular payments to a service that distributes funds to creditors.

Ohio SB444 limits interest on medical debt and prevents wage garnishment if a payment plan is in place.

The Ohio Medical Debt Fairness Act caps interest rates on medical debt incurred after the bill's effective date at three percent per annum. It also prohibits wage garnishment for medical debt if the debtor and creditor have agreed to a payment plan and the debtor is making payments. The act defines medical debt to include health care services or goods but excludes certain types of debt. It allows for debt scheduling agreements to prevent wage garnishment, provided the debtor makes regular payments to a service that distributes funds to creditors.