News & Updates
Six years ago, Romy Wightman was diagnosed with colon cancer and accrued over $20,000 in medical bills in just the first three months, and that was with insurance. She thought, “Why haven’t I heard more about this? This must be only happening to me.” When she asked her support group she realized she was far from alone, but no one was talking about it and no one knew where to go for help.
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 […]
As one in five people in the U.S. grapple with medical debt and in the spirit of working for local communities, NBC and Telemundo Owned Television Stations Group has donated $150,000 to RIP Medical Debt (RIP), the leading nonprofit tackling the medical debt crisis in the country. RIP will use the station group’s donation to locate, buy and forgive $15 million of medical debt owed by individuals in 11 markets. “NBC and Telemundo owned stations’ commitment to helping the most vulnerable in our communities is an inspiration,” said RIP co-founders Craig Antico & Jerry Ashton. […]
Californians owe more than $400 million in medical debt, so NBC4 has made a donation to help relieve some of that debt.
More people are coming forward looking to give to help families with medical debt. Earlier this month, KIRO spent $12,000 dollars and forgave more than a million dollars in medical debt. Since our original report aired, people across western Washington have stepped up and donated to help those in need, including some familiar faces. Read More on KIRO 7
Craig Antico co-founded RIP Medical Debt, a non-profit that buys up batches of overdue medical bills, erasing $120 million in debt for 60,000 patients so far.
Michigan Nurses Association (MNA) members have cleared more than $1 million in medical debt for more than 500 Michigan families in the first such project of its kind in Michigan. This debt relief effort, led by MNA members at Sparrow Hospital in Lansing, supports nurses’ call for hospital reforms to ease the burden of excessive medical bills, which is the No. 1 cause of personal bankruptcy.
Pensacola High School students Samir Boussarhane and Falen McClellan were not satisfied with volunteering at a local animal shelter or hospital to meet their school’s requirement for public service as part of an International Baccalaureate Degree program (IBD). They wanted more of a challenge.
Motivated by a Last Week Tonight with John Oliver show, in which the host purchased and abolished almost $15 million in medical debt, the pair last fall decided to emulate his efforts in the Pensacola/Mobile area.
Their goal: raise enough money to buy and abolish $3 million in medical debt in their section of Florida and Alabama. Not so easy, as this would require raising some $30,000 in donations.
Better, the healthtech startup that helps people get money back from their health insurance, announced today that it intends to beat John Oliver’s highly-public gift last summer of donating to RIP Medical Debt almost $15 million in unpaid medical debt for about 9,000 families in Texas.
Better promises to up the ante by forgiving one million dollars more in medical than Oliver, doing so over a longer period of time and in more states.
“We at Better are committed toward being effective advocates for patients,” said CEO Rachael Norman. “We believe in this so strongly that we are spending our initial revenues as a startup not on ads or on marketing, but on buying $16 million worth of medical debt.
As Congress works on new health care law that may increase Americans’ medical bills, researchers begin studying the economic impact of forgiving medical debt. NEW YORK, June 22, 2017 — University researchers and others planning the nation’s first economic impact study of medical debt forgiveness met today in New York for an historic “mini-summit,” coincidentally held the same day as GOP senators in Washington unveiled a new health care bill. “The pending changes in national health care policy may vastly increase medical debt in America,” said Jerry Ashton, cofounder and Executive VP of RIP Medical Debt, a New […]
SAINT PAUL: June 19, 2017 — RIP Medical Debt and the Minnesota Nurses Association (MNA) today announced forgiveness of $2.6 million in medical debt. Minnesota Nurses chose to abolish local medical debt as a gesture of thanks for community support of nurses in a four-week strike, which began a year ago today. At a press conference this morning, Minnesota Nurses marked the occasion by cutting in half a blowup of the debt-buying contract. They used large Chamber of Commerce scissors for the cutting. The “Closing Statement” on display showed that MNA donated $28,000 to RIP Medical Debt for the purchase of 1,833 charged-off accounts, worth an […]