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:
Jeannette Berman — 46651
Sink Maine Medical Debt
We’re a group of five friends from Portland and Bangor, Maine who were inspired to help eliminate local medical debt after hearing about the success stories of our friends in other regions of the country.
We know that medical debt affects everyone, and that when someone or their family member is sick, disabled, or chronically ill, the last thing they should have to worry about is affording medical care.
Fortunately, we have the power of community to help one another, and while of course we want to keep fighting to change our entire healthcare system, we can also raise money to send immediate relief to thousands of people. That’s right… we are going to SINK MAINE MEDICAL DEBT (and New Hampshire, and Vermont!). We’ve teamed up with RIP Medical Debt, a non-profit that buys medical debt in bulk for super cheap, to help us. Once we reach our goal of raising $10,000, over $1.5 million of medical debt is eliminated, and thousands of people are relieved.
How it works:
- You make a donation. RIP Medical Debt uses analytics to locate Mainers, and residents of New Hampshire and Vermont that are most in need: Those who earn less than 4x the poverty level, or whose debt is 5% or more of their income.
- RIP Medical Debt buys medical debt for cheap from secondary markets where it averages $0.50-$1.00 for every $100. This means that $1 could buy $100 or more of medical debt.
- Once we fundraise $10,000 together, RIP Medical Debt buys off and eliminates over $1.5 million of medical debt, and beneficiaries receive letters that their debt is gone, with no strings attached.
Campaign Support Recipients
- Recent Donations
- BRIAN B. just donated $106
- Julia D. just donated $58.50
- Keri L. just donated $106
- Anonymous just donated $26.80
- Carole F. just donated $265
- Ryan S. just donated $75
- Anonymous just donated $2,500
- Lindsay G. just donated $50
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:
Jeannette Berman — 46651
- Recent Donations
- BRIAN B. just donated $106
- Julia D. just donated $58.50
- Keri L. just donated $106
- Anonymous just donated $26.80
- Carole F. just donated $265
- Ryan S. just donated $75
- Anonymous just donated $2,500
- Lindsay G. just donated $50
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.
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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.
Frequent Questions
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