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Couple Battling Medical Debt Gets “Golden Ticket” Wiping Some Of It Away

John And Regina Foutch, do everything together… even checking the mail. “We said I do for life and we still do,” said John. When they got an envelope in the mail last week, it was a golden ticket of sorts. One of their medical bills was paid off. John remembers opening it up. Balance abolished.

A sudden medical emergency doesn’t just wreak chaos on a person’s life. For many people, it takes a dangerous toll on their financial security. One in five U.S. residents have delinquent medical debt on their credit reports, according to the Consumer Financial Protection Bureau.

If you’ve ever been to the emergency room, you know the cost of a single visit can leave you feeling worse than before you got there. Medical debt is a huge problem – one in five Americans have it. Simply put, it’s the biggest cause of bankruptcy in the United States. That’s why NBC10 Boston, necn and Telemundo Boston have decided to do something to help address it. If you challenge a hospital bill for $10,000, the hospital might sell that debt to a collector at a discount, leaving the collector to come after you […]

As one in five people in the U.S. grapple with medical debt and in the spirit of working for local communities, NBC and Telemundo Owned Television Stations Group has donated $150,000 to RIP Medical Debt (RIP), the leading nonprofit tackling the medical debt crisis in the country. RIP will use the station group’s donation to locate, buy and relieve $15 million of medical debt owed by individuals in 11 markets. “NBC and Telemundo owned stations’ commitment to helping the most vulnerable in our communities is an inspiration,” said RIP co-founders Craig Antico & Jerry Ashton. […]

Viewers, local celebrities help Jesse eliminate some medical debt in western WA

More people are coming forward looking to give to help families with medical debt.  Earlier this month, KIRO spent $12,000 dollars and forgave more than a million dollars in medical debt.  Since our original report aired, people across western Washington have stepped up and donated to help those in need, including some familiar faces. Read More on KIRO 7

Former medical debt collectors using expertise to help the neediest patients

Craig Antico co-founded RIP Medical Debt, a non-profit that buys up batches of overdue medical bills, erasing $120 million in debt for 60,000 patients so far.

Better, the healthtech startup that helps people get money back from their health insurance, announced today that it intends to beat John Oliver’s highly-public gift last summer of donating to RIP Medical Debt almost $15 million in unpaid medical debt for about 9,000 families in Texas.

Better promises to up the ante by forgiving one million dollars more in medical than Oliver, doing so over a longer period of time and in more states.

“We at Better are committed toward being effective advocates for patients,” said CEO Rachael Norman. “We believe in this so strongly that we are spending our initial revenues as a startup not on ads or on marketing,  but on buying $16 million worth of medical debt.

As Congress works on new health care law that may increase Americans’ medical bills, researchers begin studying the economic impact of relieving medical debt. NEW YORK, June 22, 2017 — University researchers and others planning the nation’s first economic impact study of medical debt relief met today in New York  for an historic “mini-summit,” coincidentally held the same day as GOP senators in Washington unveiled a new health care bill. “The pending changes in national health care policy may vastly increase medical debt in America,” said Jerry Ashton, cofounder and Executive VP of RIP Medical Debt, a New […]

Local Relief for Medical Debt: NBC Connecticut Responds

Andrea Gaskins, of Middletown, nearly hit rock bottom while dealing with mounting medical bills and threatening calls from debt collectors and she is not alone. Medical debt is the number one cause of bankruptcy in the United States, according to data from credit agencies and the federal government. Roughly, 43 million people are struggling with unpaid medical bills and the NBCUniversal Owned Television Stations, parent of NBC Connecticut, is making a donation to a nonprofit to relieve $1 million in Connecticut medical debt. The burden of medical debt can take a toll on a family’s […]

Family Struggling With Medical Debt Gets New Home, Thanks to Viewers

Imagine having a child who has battled cancer twice, fighting to keep your kid alive while facing thousands of dollars in medical debt. It’s a struggle one Burleson family knows all too well. But people in North Texas refused to let them fight it alone.

The 20-minute “Debt Buying” segment originated June 5, 2016, on Last Week Tonight with John Oliver. NEW YORK — A June 5 segment of the HBO hit comedy series, Last Week Tonight with John Oliver, featured the RIP Medical Debt charity relieving nearly $15 million worth of donated medical debt for around 9,000 people — a new giveaway record for American television. John Oliver brought attention to debt industry abuses and the specific issue of unpaid medical debt. John Oliver reported that American households collectively owe more than $12 trillion in debt, with $436 billion at least 90 days overdue. He presented LWT’s investigation of the debt buying industry, airing video from […]

The Miracle of Medical Debt Relief on HBO’s Last Week Tonight with John Oliver

Written By HBO 20-minute “Debt Buyers” segment on Last Week Tonight, originating June 5, 2016. Medical debt pursuit, or more precisely, the endless harassment of patients unable to pay their bills (as opposed to unwilling), has gained increasing prominence as a major social issue. Among the more egregious practices in the collections industry is the sale of old medical debt – for pennies on the dollar – to bill collectors who will then aggressively pursue this debt at full face value for an additional two to 10 more destructive years. This happens regardless of the personal circumstances of people […]

Seen At 11: A Phone Call From Collectors That Can Actually Get You OUT Of Debt. As CBS2 Found Out, What RIP Medical Debt Offers Is Too Good And Very True. Jerry Ashton and Craig Antico spent decades hounding debtors to pay their bills—until they decided to find a way to pay off struggling people’s debts. When Paola Gonzalez received a phone call from RIP Medical Debt, she was certain what she heard was a mistake. A prank, maybe. The caller said a $950 hospital bill had been paid for in full: It would not affect her […]