Two healthcare groups donating money to erase medical debt for 70,000 people.
Nearly 70,000 people, including thousands of Texans, are expected to have $110 million in medical debt wiped out. This is thanks to two nonprofit healthcare groups, who are donating money to alleviate their debts.The Journal of the American Medical Association reports one in five households owes an average of $4,600 in medical debt, affecting low-income households and families of color the most.FOX 26 Reporter Sherman Desselle spoke with the woman about what happened and what's next.
"We’ve identified thousands of people in the states I mentioned that have medical debt they won’t be able to pay. And this debt is sold on the debt markets for pennies on the dollar. So for people who owed $10,000, the debt is now worth $10, $30, $40, $50 dollars," explained Dr. Sachin Jain, CEO of SCAN Group.
"They were just explaining how they do this for people and I just think it’s amazing. And I was just one of the lucky ones," said Headrich. If you have medical debt and don't receive a letter, experts say you can take steps to manage and reduce the debt.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Google lawsuit settlement payment: This is how much money Illinois residents will receiveWe now know how much money Illinoisans can expect from Google’s $100 million privacy settlement.
Lire la suite »
Stimulus update: Direct COVID-19 relief payment worth $100 for New York town residentsThe city of Pitcairn, New York, will return its leftover COVID-19 relief funds to its residents in the form of a gift card.
Lire la suite »
Our favourite vacuums from cordless to handheld and best under $100Our comprehensive guide to the best vacuum cleaners on the market
Lire la suite »
Jersey Shore waterpark launched by Pa. native to sell tickets starting at $100A waterpark in Atlantic City will start selling tickets at at least $100 some time in July.
Lire la suite »
Northlake coffee maker to sell facility for $100 million, move production to OregonFarmer Brothers Co., a national distributor of coffee and tea, plans to sell its Northlake direct shipping facility for $100 million and move its production...
Lire la suite »