Snapchat CEO Evan Spiegel and his wife, model and entrepreneur Miranda Kerr, have backed one of California's biggest medical debt relief efforts. Their donation will help erase more than $550 million in unpaid medical bills for over 261,000 residents. The initiative was carried out through the non-profit organisation Undue Medical Debt. The charity buys qualifying medical debt from healthcare providers and debt collectors before cancelling it. The relief is expected to help low-income families and others struggling with healthcare costs. Recipients do not need to apply or repay the cancelled debt. The donation also highlights the growing role of philanthropy in tackling medical debt in the United States.
