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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]
An anonymous donor partnered with the United Neighborhood Centers on a $1.2 million donation to the national nonprofit Undue Medical Debt. Formely known as RIP Medical Debt, the organization used ...
A 2019 study published in the American Journal Of Public Health found that 66.5% of personal bankruptcy filings over a three-year period were tied to medical debt. "What we're seeing at RIP ...
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]
In January, New York City announced that it would relieve $2 billion of unpaid medical bills in conjunction with nonprofit organization Undue Medical Debt (formerly RIP Medical Debt).
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
RIP Medical Debt was founded in 2014 by a pair of former debt collection agents. Since inception, it has acquired and forgiven more than $10.4 billion in medical debt owed by 7.1 million ...