New Jersey Lawmakers Approve Measure Of Protection From Medical Debt

New Jersey has passed legislation to protect residents from the financial impact of medical debt, reports New Jersey Spotlight News. State lawmakers adopted legislation removing most medical debt from credit reports and capping interest rates at 3 percent. While the law excludes debts tied to medical credit cards, which some see as a loophole, it prohibits wage garnishment for individuals earning less than 600 percent of the federal poverty level, providing significant relief for low-income residents.