Abolish Florida Medical Debt
Every dollar you donate forgives $100 in Medical Debt
The Problem
In the past forty years, medical costs have doubled, insurance copays and deductibles have spiked, and bankruptcy rates have quadrupled, creating an avalanche of destructive medical debt. More than 60% of bankruptcies in America have medical debt as a root cause.
The problem is especially dire in Florida. Studies found that Florida has some of the highest healthcare costs in the country, and one of the highest uninsured rates.
From carefree Okaloosa Island to sunny Miami Beach, Florida feels like paradise. And when you’re living in an oasis, it can be easy to forget that many people around you are struggling. While others are saving for retirement in the Keys or splurging on a night in South Beach, debtors are forced to split their paychecks with debt collectors, working nights and weekends to pay back a debt they incurred through no fault of their own. People saddled with medical debt can be denied loans, apartments, or even jobs, making it difficult to advance in life and often impossible to escape their debt.
How You Can Help
RIP Medical Debt uses your donations to purchase bundled medical debt portfolios on the secondary debt market, and then forgives that debt at pennies on the dollar.
On average, $1 is leveraged to abolish $100 in medical debt, and every donation through this page will be spent directly on abolishing medical debt in Florida.
When debt relief recipients open the yellow envelope from RIP, they are told that their debt has been bought by a third party and erased with no strings attached. They owe nothing on the debt and face no tax penalty. A recent beneficiary wrote to us, saying:
“I read my letter over a few times to make sure it was the real thing. Receiving this debt relief renewed my faith that I can get back on track. It jump-started it – that we can do this – I can get back in the game! It’s unheard of what RIP does, and it’s a game changer in the medical world. It’s a game changer for me.”
Reagan, RIP Medical Debt Recipient of Debt Relief
Every dollar you contribute is a $100 investment in Floridian towns and cities. Money will stay in the community instead of being taken by out-of-state debt collectors. On average, $15.40 can abolish the medical debt of an entire family in Florida, allowing them to invest in a home, schooling, or retirement.
Campaign Support Recipients
- Recent Donations
- Amy Q. just donated $106
- Anonymous just donated $345
- Anonymous just donated $1,000
- Anonymous just donated $102.77
- Phillip A. just donated $1,025.85
- Michael H. just donated $102.77
- Anonymous just donated $256.62
- John And Margaret G. just donated $102.77
- Recent Donations
- Amy Q. just donated $106
- Anonymous just donated $345
- Anonymous just donated $1,000
- Anonymous just donated $102.77
- Phillip A. just donated $1,025.85
- Michael H. just donated $102.77
- Anonymous just donated $256.62
- John And Margaret G. just donated $102.77
Fundraise for This Campaign
Start a fundraiser to help those in need. Set a personal fundraising goal and track online donations easily with RIP.
4 Active Fundraisers
How RIP Works
Over a hundred million Americans, one in three, struggles with the weight of medical debt.
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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.
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RIP 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.
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Together we wipe out medical debt
People across the country receive letters that their debt has been erased. They have no tax consequences or penalties to consider. Just like that, they’re free of medical debt.
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