Minnesota sues over Allina's 18% interest rate

Minneapolis Star Tribune, January 23, 2009

Minnesota Attorney General Lori Swanson has accused Allina Hospitals and Clinics of charging patients unlawfully high interest rates on unpaid medical bills and filed a lawsuit that could affect the bills of thousands of consumers. Allina charged patients interest rates as high as 18% on medical debt, even though, Swanson asserted, Minnesota law caps rates on such debt at 8%. Swanson said she wants Allina to reduce interest rates charged by its MedCredit Financial Services unit and make refunds to patients who were charged high rates in the past. She is also pursuing civil penalties of up to $25,000 per violation.


MOST POPULAR

SPONSORED REPORTS
SPONSORED HEADLINES

SIGN UP

FREE e-Newsletters Join the Council Subscribe to HL magazine

SPONSORSHIP & ADVERTISING

100 Winners Circle Suite 300
Brentwood, TN 37027

800-727-5257

About | Advertise | Terms of Use | Privacy Policy | Reprints/Permissions | Contact
© HealthLeaders Media 2015 a division of BLR All rights reserved.