The bill amends Section 395.3011 of the Florida Statutes to revise the definition of "extraordinary collection action" and introduces an exception regarding the sale of medical debt. Specifically, it clarifies that a facility may not engage in extraordinary collection actions, such as selling an individual's debt, until certain conditions are met. These conditions include making reasonable efforts to determine the individual's eligibility for financial assistance, providing an itemized statement, and allowing time for the individual to respond before collection actions commence.

Additionally, the bill includes new provisions that allow for the sale of debt under specific contractual terms. These terms stipulate that the debt may not incur interest or fees, and that the purchaser of the debt cannot take any extraordinary collection actions that the facility could have taken. Furthermore, if the debt buyer finds that the individual is eligible for assistance under the facility's financial assistance policy, the debt must be returned to the facility. The act is set to take effect on July 1, 2025.

Statutes affected:
H 547 Filed: 395.3011
H 547 c1: 395.3011
H 547 e1: 395.3011
H 547 er: 395.3011