FL S0268

Establishes a 3-year statute of limitations for collecting medical debt from licensed health care facilities, with the period running from when the facility refers the debt to a third party for collection.

Requires licensed health care facilities to post standard charges for at least 300 shoppable services on their websites and provide good faith cost estimates to patients and their insurers at least 3 business days before non-emergency services are provided.

Creates a new section prohibiting licensed facilities from engaging in extraordinary collection actions (such as wage garnishment, asset seizure, or credit reporting) for medically necessary care covered under a facility's financial assistance policy until certain conditions are met.

Requires health insurers to provide advance explanations of benefits to insured individuals within 1 business day of receiving a patient estimate from a facility, including detailed coverage and cost-sharing information.

Adds $10,000 exemptions from legal process for medical debt judgments for a debtor's motor vehicle and personal property (if not claiming homestead exemption).

Takes effect July 1, 2023.