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Fortune
Fortune
Alena Botros

A city and county in Ohio just teamed up to wipe out up to $240 million in crushing medical debt for residents

woman with a baby paying with a credit card at a pharmacy (Credit: Getty Images)

Some lucky Ohio residents could be getting some good news about their medical debt.

On Wednesday, the council of Toledo approved a proposal giving $800,000 to wipe out the medical debt of its residents. The measure was approved after the city was joined by commissioners from Lucas County, which includes Toledo, who said the county would contribute $800,000 to the debt forgiveness effort. That brought the total to $1.6 million, which is expected to eliminate up to $240 million in medical debt for residents, Toledo councilwoman Michele Grim told Fortune. 

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