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The Latest Breaking News from RIP Medical Debt

Forgiving medical debt after it is sent to collections has fewer benefits – study

Experts partnered with RIP Medical Debt, a medical non-profit that buys and forgives debt, found it had little effect on people’s credit scores and mental health

The Guardian - US

NYC joins a growing wave of local governments erasing residents' medical debt

The city is partnering with the nonprofit RIP Medical Debt to buy up and forgive unpaid medical bills. The trend started in Cook County, Ill., and is spreading to cities across the country.

WEKU

Majority of debtors to US hospitals now people with health insurance

Analysts say a ‘sea change’ occurred in the American healthcare system from when only a tenth of debt came from the insured

The Guardian - US

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Before dying, she made a fund to cancel others' medical debt — nearly $70M worth

Casey McIntyre decided she wanted her legacy to be clearing medical debt. But her husband says they never dreamed it would get this big.

WEKU

Denver city council members propose $300m medical debt relief plan for residents

Denver is now among more than two dozen cities, states or counties that are either abolishing medical debt or in talks to do so

The Guardian - US

Helton teams up with organization to eliminate $10 million in medical bills for Colorado residents

Retired Colorado Rockies first baseman Todd Helton is teaming up with the organization RIP Medical Debt to help eliminate $10 million in medical bills for residents around the state

The Independent UK

Cook County to erase $79M in patient debt

Over 72,000 Cook County residents will receive $25 million in medical debt relief in the first round of the program.

Chicago Sun-Times

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Medical debt of 22,300 Trinity Health of New England patients to be erased

More than 22,000 patients of Trinity Health of New England will have their medical debts erased after an agreement with RIP Medical Debt, a national nonprofit.

Tribune News Service

Local communities are buying medical debt for pennies on the dollar–and freeing American families from the threat of bankruptcy

Under this new model, everyday Americans are receiving letters letting them know that their crippling medical debt has been canceled.

Fortune

Governments target medical debt with COVID relief funds

An increasing number of municipal, county and state governments are using federal pandemic relief funds to pay residents’ burdensome medical debt

The Independent UK

RIP Medical Debt seeks to buy, resolve more hospital debt

The CEO of a nonprofit that helps people with medical debt wants to expand the amount of debt her organization buys, especially from hospitals

The Independent UK

How nonprofits help millions tackle their medical debt

Nikiesha Barnett had knee surgery in 2006 and took unpaid leave from her job as a Georgia hospital coordinator while she was recovering

The Independent UK

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

“Washington may not have a plan for medical debt relief but Toledo, Ohio does."

Fortune

Editorial: Predatory givers save people in debt, but that's not enough

They began as debt collectors, trying to get people burdened by medical costs to pay up. But the conversations they had persuaded them to do something else — something better. Through listening to people explain their struggles, Craig Antico and Jerry Ashton “would understand and have better insights into the…

Tribune News Service

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Tribune News Service

After wiping out $6.7 billion in medical debt, this nonprofit is just getting started

Soon after giving birth to a daughter two months premature, Terri Logan received a bill from the hospital. She recoiled from the string of numbers separated by commas.

Chicago Tribune

Chicago's Cook County hopes to eliminate $1 billion in medical debt. Here’s how

Starting this fall, hundreds of residents across Cook County will receive a note in the mail bearing a simple message: Your medical debt is taken care of.

The Independent UK

GoFundMe as health insurance: Why so many Americans turn to crowdfunding for medical care

About a third of all GoFundMe campaigns are for medical bills, but just 12 per cent of them succeed. Nathan Place on why Americans are still turning to the site for help with their healthcare

Tribune News Service

Software developer sells toilet paper NFTs as a joke, then wipes out $7 million in medical debt

NFTs had a frenzy in 2021, with sales surging to $25 billion, prompting a Dallas software developer to use the cash grab to wipe away millions in debt for lower-income families.

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