The proposed bill, General Assembly Proposed Bill No. 5194, aims to amend title 19a of the general statutes to prohibit health care providers from engaging in specific lending practices. The bill introduces new legal language that explicitly forbids health care providers from advertising or offering credit card or financing payment options that involve deferred interest payments or other predatory lending practices.
The primary purpose of this legislation is to protect patients from potentially exploitative financial arrangements that could arise from such lending practices. By implementing these restrictions, the bill seeks to ensure that patients are not subjected to unfair financial burdens when seeking health care services.