Prime ATC January 2023 Community Outreach - RIP Medical Debt

Help us raise $10,000 and make a $1,000,000 impact on medical debt relief for Northern New England

$6,909
raised of $9,000 goal
76%
Campaign Created ByPrime ATC

Prime ATC will be donating 20% of all capsule sales in January and February to RIP Medical Debt with a goal to raise $10,000. The RIP Medical Debt organization will use the donations to purchase bundled medical debt portfolios from the secondary market and hospital systems, forgiving that debt at pennies on the dollar.

Campaign Support Recipients
Maine
Massachusetts
New Hampshire
Vermont
  • Recent Donations
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    United Canna Supply just donated $1,057
  • Donor Avatar
    Prime ATC just donated $5,852
$6,909
raised of $9,000 goal
76%
  • Recent Donations
  • Donor Avatar
    United Canna Supply just donated $1,057
  • Donor Avatar
    Prime ATC just donated $5,852

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.


Frequent Questions

Yes. We are a 501(c)(3) charity and your donation is 100% tax deductible.


Relevant Documents:

When we purchase a portfolio of medical debt, we abolish debt for individuals who:

  • Earn less than 4x 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 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.

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