This is really a simple law. It is just stating that medical costs are a unique category of expense. As such, it is simply stating that they will not be grouped with other types of consumer debt and as such should not be reported or judged with other types of consumer debt.
Because it is not necessarily a discretionary expense, it seems like reasonable point. I am not sure if it is the best solution, but it at least is addressing a real problem.
Here is the question of the day, does anyone think that wealthy people should pay a lower percentage of their income to taxes than middle class people? Don't argue tax brackets, just a simple question. Do you think someone earning 46 million dollars should pay a lower percentage of their income than say someone earning sixty thousand?