Help Abolish Medical Debt Today
Every dollar you donate forgives $100 in Medical Debt
To donate to this campaign by mail, please send a check:
Payable To:
RIP Medical Debt
Address:
RIP Medical Debt
28-07 Jackson Ave, 5th Fl
Long Island City, NY 11101
Memo Line:
RIP Medical Debt — 35484
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 effects of high healthcare costs are especially dire in Ohio. A 2019 study found that 35% percent of Ohio adults struggled to pay their medical bills.
Innovation and creativity are inseparable from Ohio’s history. The cash register, airplane, hotdog, and modern golf ball were all invented in Ohio. It is also the birthplace of Thomas Edison, the inventor of the lightbulb, and Jerry Siegal, the creator of Superman. Even with all this resourcefulness, Ohioans are still living less healthy lives and spending more on healthcare compared to most states.
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 Ohio. With $131 million of medical debt available throughout the state, there is ample opportunity to make a difference.
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 Ohio towns and cities. On average, $8.87 will wipe out the debt associated with a single billing account. Up to $100,000 of donations will be matched. Money will stay in the community instead of being taken by out-of-state debt collectors. Please join us today!
Campaign Support Recipients
- Recent Donations
- Joann A. just donated $265
- Anonymous just donated $58.50
- Anonymous just donated $106
- Anonymous just donated $100
- Anonymous just donated $133
- Kow Abundant just donated $81.70
- Anonymous just donated $10.90
- Anonymous just donated $53.20
To donate to this campaign by mail, please send a check:
Payable To:
RIP Medical Debt
Address:
RIP Medical Debt
28-07 Jackson Ave, 5th Fl
Long Island City, NY 11101
Memo Line:
RIP Medical Debt — 35484
- Recent Donations
- Joann A. just donated $265
- Anonymous just donated $58.50
- Anonymous just donated $106
- Anonymous just donated $100
- Anonymous just donated $133
- Kow Abundant just donated $81.70
- Anonymous just donated $10.90
- Anonymous just donated $53.20
Fundraise for This Campaign
Start a fundraiser to help those in need. Set a personal fundraising goal and track online donations easily with RIP.
2 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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