News & Updates
The fallout from the spread of coronavirus has highlighted how many Americans are one disaster away from physical, emotional, or economic ruin. Now, while many await federal and state assistance, those in more secure financial positions have an opportunity to step up and help. But with so many communities affected, it’s difficult to know where your time and dollars are best spent: Millions of uninsured Americans are at risk for catching the virus, could incur enormous medical bills for treatment, even if relief legislation promises to cover testing; salaried and hourly workers at nonessential businesses have suddenly […]
If there is one thing New Yorkers believe about themselves, it’s that no one pulls together quite as well during a crisis. Vigorous hand-washing, staying home, bumping elbows instead of hugging — we got that. But with more than 200 confirmed cases of coronavirus in New York and more than 1,110 nationwide, some people are asking if they can do more to help. “It’s been so internally focused,” Chris Principe, 40, said of the advice he has heard from public officials. Mr. Principe, who lives in Brooklyn and is a video director at the publishing […]
Medical debt is not just a burden for countless Americans; it’s also the No. 1 source of personal bankruptcy filings in the country. But for some lucky folks, relief may be around the corner. RIP Medical Debt, a nonprofit organization that raises money to wipe out unpayable health-related debts, recently announced that it has successfully eliminated $1 billion (yes, you read that correctly) in medical debt for more than 500,000 people in all 50 states. Included in that figure is $65 million of medical debt carried by veterans. Read more on The Ascent
When Sara Cook got a letter in the mail informing her that a group of strangers at a church she’d never heard of had forgiven $5,000 of her medical debt, she thought it was a scam. She had already had enough misfortune to last a lifetime. The 43-year-old registered nurse’s problems had begun years earlier, when her back pain turned out to be a herniated disc. One surgery resulted in an infection, another surgery—after the disc re-herniated—led to meningitis and a long hospital stay, during which doctors removed a vertebrae. All these complications led to […]
How ordinary citizens are wiping out millions of dollars in medical debt for others — and how you can, too
For many people who feel crushed under the weight of their medical bills, trips to the mailbox can be anxiety-inducing. A reminder of that you’re in a hole that feels impossible to get out of. A reminder that someone is still after you for money that you don’t have. In the coming weeks, opening up the mailbox for some people might yield a welcome surprise instead: a yellow envelope with the words “RIP Medical Debt.” At first, it might look like a scam, perhaps a scheme that might ultimately leave the recipient worse off than […]
DAYTON, Ohio (WDTN) – An unexpected gift was given to thousands of people across Ohio overwhelmed by medical debt. “It just sort of snowballed into something amazing,” said Pastor Andy Reider, Community Pastor at Crossroads Dayton. He said it was November when the senior pastor at Crossroads brought up the idea of helping the community in a special and unique way. That idea formed into a partnership with RIP Medical Debt. The national non-profit bundles unpaid debt that can then be bought by entities like Crossroads Church. Read More on WDTN 2 News
If you’ve ever had an insanely high medical bill arrive in the mail, you’ve probably contemplated your options: Pay the bill and dine on ramen noodles for the next few years? Take out a loan? Ignore the bill and risk it going to collections? There is a better alternative: Learn how to negotiate your medical bills. Read More on MSN
A megachurch in Cincinnati announced Sunday that it is paying off $46.5 million in medical debt for more than 45,000 families. Crossroads Church partnered with RIP Medical Debt, a medical debt relief nonprofit, to wipe out debts for people in Ohio, Kentucky, Tennessee and Indiana. They will receive bright yellow envelopes this week letting them know the good news. Read More on Fox News
Although physical debtors’ prisons were outlawed in the United States in the 1830’s, figurative debtors’ prisons in which people are trapped under piles of student loan, medical or other debt are very much alive in this country today.
This is so much the case that a growing number of companies, nonprofits and individuals are paying off debt as a way of helping people out of hardship – and a way of bringing attention to this problem.
An anonymous donation of a quarter billion dollars by an organization will help pay off medical debt. Lynda Baquero has the details on this big announcement.
RIP Medical Debt is launching a campaign to forgive a quarter billion dollars in medical debt across the country. Randy Mac reports for the NBC4 News on Friday, Nov. 2, 2018.
John And Regina Foutch, do everything together… even checking the mail. “We said I do for life and we still do,” said John. When they got an envelope in the mail last week, it was a golden ticket of sorts. One of their medical bills was paid off. John remembers opening it up. Balance abolished.
A sudden medical emergency doesn’t just wreak chaos on a person’s life. For many people, it takes a dangerous toll on their financial security. One in five U.S. residents have delinquent medical debt on their credit reports, according to the Consumer Financial Protection Bureau.
If you’ve ever been to the emergency room, you know the cost of a single visit can leave you feeling worse than before you got there. Medical debt is a huge problem – one in five Americans have it. Simply put, it’s the biggest cause of bankruptcy in the United States. That’s why NBC10 Boston, necn and Telemundo Boston have decided to do something to help address it. If you challenge a hospital bill for $10,000, the hospital might sell that debt to a collector at a discount, leaving the collector to come after you […]