<\/em>Biden administration is targeting scam insurance, surprise medical bills, and third-party health credit cards<\/p>\n<\/h3>\n By Physician\u2019s Briefing Staff HealthDay Reporter<\/b><\/p>\n <\/b><\/p>\n FRIDAY, July 7, 2023 (HealthDay News) — New federal initiatives could help save Americans money on health care costs.<\/p>\n President Joe Biden announced plans Friday to target surprise medical bills, scam insurance, and third-party credit cards and loans that carry high interest charges, the Associated Press<\/em> reported.<\/p>\n Limiting “junk” insurance plans is a key initiative. These are short-term policies that people sometimes use during a gap in coverage when switching jobs. They can deny basic coverage, as in one case highlighted by Neera Tanden, director of the White House Domestic Policy Council. She said a Montana man was charged $43,000 when one of these insurance providers declared his cancer a preexisting condition, the AP<\/em> reported.<\/p>\n Another target are third-party credit cards and loans specifically used for health care. Both the Consumer Financial Protection Bureau and U.S. Treasury Department are seeking information on these methods, whose high costs can deter policyholders from seeking health care.<\/p>\n A third initiative builds on the 2020 No Surprises Act. For this, Biden is offering new guidance that would require health plans to disclose facility fees that are added to patient charges. It would also limit the ability of insurers who contract with hospitals to claim care was not in network, saddling patients with a bigger bill, the AP<\/em> reported.<\/p>\n