Cap On Interest on Hospital Bills Gets Initial OK

Cap On Interest on Hospital Bills Gets Initial OK

CHEYENNE, Wyo. (AP) - Interest on unpaid hospital bills would be capped under a bill winning preliminary approval in the Wyoming Senate. The measure's sponsor, Democratic state Senator Chris Rothfuss of Laramie, says interest rates on unpaid hospital bills can reach 18 percent in Wyoming. Reports indicate that an amendment to Senate File 84 approved Friday would limit the interest to an annual 10 percent.

Rothfuss said that when people go to the hospital, they must sign a consent-to-treat form, which includes the interest rate. He says people don't usually think about interest rates when they're in that situation.

Republican State Senator Dan Dockstader of Afton, says he'll vote 'no' because hospital officials from his area told him they weren't seeking a solution from the Legislature.

Carrol Realty
view counter