To donate to this campaign by mail, please send a check:
Payable To:
RIP Medical Debt
Address:
RIP Medical Debt
P. O. Box 411675
Boston, MA 02241-1675
Memo Line:
Matilda C. — 47538
American Coalition For Healthcare Equality: Relieving Medical Debt for Those in Need
Because of the way that the United States’ healthcare system is set up, many individuals and families are forced to live with huge amounts of medical debt – frequently reaching the tens and hundreds of thousands of dollars, particularly for necessary and life-saving treatments.
According to CNBC, more than one in ten Americans owes over $10,000 in medical bills. This debt can have a debilitating impact on patients, affecting their ability to find a job, rent a home, and meet various other basic necessities.
Through this campaign we can help our neighbors be relieved from the burdens of medical debt through working with RIP Medical Debt.
How it works:
- You make a donation. RIP uses 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.
- 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.
- Together we wipe out medical debt. Recipients have no tax consequences or penalties to consider. Just like that, they’re free of medical debt!
The donations are tax-deductible for the individuals receiving them – in other words, they come with no ‘strings attached.’ This holiday season, if you are able, please consider this opportunity to give the gift of freedom from medical debt. It may be the most impactful gift that someone receives.
Join us in making a tangible impact!
Campaign Support Recipients
- Recent Donations
- Baki Y. just donated $37.30
- Rachel J. just donated $26.80
- Anonymous just donated $69
- Anonymous just donated $63.70
- Lavonne L. just donated $212
To donate to this campaign by mail, please send a check:
Payable To:
RIP Medical Debt
Address:
RIP Medical Debt
P. O. Box 411675
Boston, MA 02241-1675
Memo Line:
Matilda C. — 47538
- Recent Donations
- Baki Y. just donated $37.30
- Rachel J. just donated $26.80
- Anonymous just donated $69
- Anonymous just donated $63.70
- Lavonne L. just donated $212
New research on the impacts of medical debt
A new survey published by PerryUndem in 2023 shows that medical debt is a shared experience for patients across the country.
Key Findings
Patients are making tradeoffs that affect their daily lives.
- Nearly 7 in 10 Nearly 7 in 10 U.S. adults say they receive medical bills they cannot afford. Many are forced to delay paying the bill, put it on a credit card, or challenge the bill.
- 6 in 10 Six in ten patients report they have self-treated, delayed, or skipped dental and medical appointments. Thirty-four percent report changing the foods they eat or eating less food to afford health care.
People and patients feel trapped in debt and see no way out. They see medical debt as different from other forms of debt - entirely the fault of institutions and systems, and not something consumers have any control over.
- Nearly 50% Nearly half feel trapped and believe they will never be able to pay off their debt, while a third of respondents reported feeling heightened depression and anxiety.
- Nearly 9 in 10 Nearly 9 in 10 blame the health care industry for fueling the medical debt crisis - not patients themselves. They say the problem stems from the system putting profit over patients.
Fundraise for This Campaign
Start a fundraiser to help those in need. Set a personal fundraising goal and track online donations easily with RIP.
How RIP Works
Over a hundred million Americans, one in three, struggles with the weight of medical debt.
-
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.
-
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.
-
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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