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Undue Medical Debt, formerly RIP Medical Debt, [1] is a Long Island City–based 501(c)(3) charity [2] focused on the elimination of personal medical debt. [3] Founded in 2014 by former debt collection executives Jerry Ashton and Craig Antico, [4] the charity purchases portfolios of income-qualifying medical debt from debt collectors and healthcare providers, and then relieves the debt. [5]
They're former medical debt collectors with. NEW YORK — Hospital stays, doctor visits, procedures, tests. It all adds up, and not even insurance can protect some from falling into debt. Craig ...
Formely known as RIP Medical Debt, the organization used the donation to erase more than a quarter of a billion dollars worth of debt for $1.7 million. How it works.
A 2023 survey by RIP found more than 4 in 10 adults said they delayed medical care because they did not want to go further into debt. Most medical debt is sold to collectors for pennies on the dollar.
New York is working with a nonprofit organization called RIP Medical Debt, which buys up delinquent medical accounts. NYC program will erase $2 billion of medical debt for some residents [Video ...
The nonprofit looks for bundled packages of debt from first or third party agencies which the group negotiates to purchase at discounted prices (pennies on the dollar). The two women initially raised $12,500 and used this money to purchase $1.5 million of medical debt through RIP Medical Debt, which was then forgiven. [33]
After launching a nonprofit that’s eliminated more than $10 billion of medical debt in the U.S., a Navy veteran is seeking to relieve the burden of debt for his fellow former service members.
To date, Undue Medical has worked to remove 14 billion dollars of medical debt. Helping nearly 9 million people in the process. Hand washing problems found during Knoxville restaurant inspection