Biden-Harris Administration Targets Corporate Practices That Waste Consumers' Time and Money

The 'Time Is Money' initiative aims to simplify cancellations, streamline refunds, and improve customer service across various industries.

New rules will make it easier to cancel subscriptions and memberships.
Airlines must provide automatic cash refunds for canceled or significantly altered flights.
Health insurance companies urged to allow online claims submissions.
Companies will be required to offer direct access to human customer service representatives.
FTC to crack down on fake reviews and deceptive endorsement practices.