In an effort to address crushing medical debt that can result in long-term consequences, State Senator Sara Feigenholtz championed a law to encourage transparency so patients know what they are signing before they finalize credit agreements. “Medical payment plans and medical credit cards offered by certain lenders are often deferred-interest financial products that are increasingly being used to finance health care, including dental care,”
As chair of the Senate Financial Institutions Committee, State Senator Sara Feigenholtz spearheaded a new law to make sure financial regulators have sufficient authority to oversee the entities they license and put an end to unlicensed financial activities in Illinois. “As chair of the Financial Institutions Committee, updating the safeguards we have in place to better protect Illinois consumers is a priority,” said Feigenholtz
To help youth formerly in DCFS care achieve their higher education goals, State Senator Sara Feigenholtz spearheaded a new law providing scholarship recipients with greater flexibility in how they use the funding. “By incentivizing diverse career paths, we’re making it easier for students to receive assistance as long as they are in good standing and working toward a degree, certificate or graduation,” said Feigenholtz