Nestled within the picturesque landscapes of North Carolina, a silent struggle unfolds beneath the veneer of tranquility, where individuals and families grapple silently with medical debt. A study published in the American Journal of Public Health estimated that medical issues contribute to a staggering 66.5% of all bankruptcies, revealing the pervasive financial strain on households across the state.
Adding to the gravity of the situation, data from Urban.org indicates that 20% of individuals in North Carolina currently have medical debt in collections. These statistics underscore the inevitable and widespread impact that medical debt has on our neighbors.
In response to this urgent need, we invite you to join us in a compassionate initiative aimed at alleviating the burden of medical debt for those struggling in silence. The East Community of Presbytery of Coastal Carolina takes pride in launching a heartfelt campaign in collaboration with Undue Medical Debt.
How it works
- You make a donation. We use data analytics to pinpoint the debt of those most in need: households that earn less than 4x the federal poverty level (varies by state, family size) or whose debts are 5% or more of annual income.
- Undue buys medical debt at a steep discount. We buy debt in bundles, millions of dollars at a time at a fraction of the original cost. This means your donation relieves about 100x its value in medical debt.
- Together, we wipe out medical debt. Recipients have no tax consequences or penalties to consider. Just like that, they’re free of medical debt!
By joining hands in this noble cause, we can make a tangible difference!
