Substitute House Bill No. 5127 introduces comprehensive regulations concerning the use of medical credit cards by health care and veterinary providers, set to take effect on January 1, 2027. The bill prohibits these providers from promoting or assisting in the acquisition of medical credit cards, receiving financial incentives for such promotions, and charging credit cards for services before they are rendered, particularly when the service is covered by health benefit plans, Medicare, or HUSKY Health. It also mandates that any disclosures related to medical credit cards be provided in writing and in the consumer's primary language, detailing the financial risks involved. Violations of these provisions will be classified as unfair trade practices under the Connecticut Unfair Trade Practices Act, enforceable by the Attorney General.

Additionally, the bill establishes guidelines for ancillary products sold by providers, prohibiting charges to credit cards without written consent from the consumer and requiring a 30-day return and refund policy, with exceptions for customized or damaged items. The legislation clarifies that it does not interfere with existing agreements made prior to October 1, 2026, and allows for the provision of emergency care without delay. Overall, sHB5127 aims to protect consumers from financial exploitation while ensuring transparency and access to necessary health and veterinary services.