Let's Erase $1M+ in Medical Debt for the Holidays
Welcome to the Brella Cares Holiday Campaign
The heartbeat of Brella’s team, our partners, and the broader benefits community is to prevent health hardships from creating financial burdens for employees and their families.
But medical debt is still the cause of 60% of personal bankruptcies in the U.S. and one third of Go Fund Me donations are for healthcare costs. Too many end up saddled with unpayable medical debt simply because they got sick or hurt without adequate coverage.
So in this season of gratitude and giving, we’ve partnered with RIP Medical Debt to erase $1M+ in medical debt for families who need it most.
They say it’s better to give than to receive, so this year we’re inviting YOU to join us in setting families free from crippling medical debt in communities across the U.S.
How it works
RIP Medical Debt is a 501(C3) organization that buys medical debt on the secondary market for a penny per dollar. Next, they forgive the debt, notifying the family (and relevant credit bureaus) that their debt has been forgiven, no strings attached.
Every $1 donated erases $100 in medical debt, which means your donation of any amount can have a massive impact on a family in need this holiday season.
And here’s the best part— Brella will match the first $10,000 of campaign donations. So every dollar you donate erases $200 in medical debt!
See below for answers to FAQs and more information about how RIP Medical Debt will use your donation. To learn more about Brella, visit joinbrella.com.
Together we can give families a fresh start for 2022. Will you join us?
Campaign Support Recipients
- Jason S. just donated $50
- Sara H. just donated $100
- Anonymous just donated $20.72
- Anonymous just donated $51.49
- Sara R. just donated $51.49
- Matthew J. just donated $50
How RIP Works
Over a hundred million Americans, one in three, struggles with the weight of medical debt.
Here’s how we lift them up.
You make a donation
With every donation, RIP uses its precise data analytics to pinpoint the medical debt of those most in need of relief: households whose income is below twice the federal poverty line or are insolvent.
RIP buys medical debt at a steep discount
Your donations allow us to buy debt in bundles. That allows us to buy debt at a fraction of the original cost. So whatever you donate has 100x the impact.
Together we wipe out medical debt
People receive a letter that their debt is gone. No taxes. No penalties. Just like that, they're free of medical debt.
Yes. We are a 501(c)(3) charity and your donation is 100% tax deductible.
When we purchase a portfolio of medical debt, we abolish debt for individuals who:
- Earn less than 2x the federal poverty level (varies by state, family size).
- Debts are 5 percent or more of annual income.
We only buy debt that has been pre-qualified by our partners to meet at least one of these three criteria.
We never collect on debt we purchase, only relieve it.
No. With your help, we abolish medical debt permanently. Recipients have no adverse tax consequences, obligations, or strings attached.
For those whose medical debts are relieved, the relief is a gift from a detached and disinterested third party (RIP) as an act of generosity, so relief of the debt does not count as income to the debtor. We will not file a Form 1099-C with the IRS.
Due to HIPAA laws, RIP Medical Debt cannot disclose the names, contact information or any other specific details of the debt relief beneficiaries.
RIP Medical Debt cannot relieve debt by individual request.
While we would love to help everyone who needs assistance, RIP Medical Debt cannot abolish medical debt for specific individuals. We approach the problem of medical debt by acquiring large portfolios of debt to help thousands of people at once.
Because medical debt affects so many people who may not have debt accounts in the portfolios we purchase, we have compiled a list of resources that may be able to help in ways RIP Medical Debt cannot.