Is removing medical debt from credit reports a good idea?

One in three Americans have skipped or delayed going to the doctor in the past five years, according to a recent survey.

The survey, which was conducted by MDVIP, a network of physicians across the U.S., discovered that many people don't visit the doctor so they don't get stuck with an expensive bill they can't pay. A 2022 report from the Consumer Financial Protection Bureau found that 20% of Americans struggle with medical debt.

The good news is that medical debt is much different than just racking up your credit card bill with shopping sprees. The Consumer Financial Protection Bureau has worked with several credit reporting agencies to ensure those bills aren't reflected on your score, ConsumerAffairs reports.

Here’s what the credit unions promise to do when a person has medical debt:

Remove paid-off medical bills from consumers’ credit reports.
Remove medical debt under $500 from credit reports.
Delay posting medical bills to credit reports by one year to give consumers time to pay their bills

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