These Local Governments Are Using Federal Aid to Cancel Medical Debt

Two hands reach up to a heart with a medical cross inside it

From Oscar Perry Abello / Next City: With funding from city governments, the nonprofit RIP Medical Debt acquires and cancels medical debt by negotiating directly with hospitals. The only requirement is being under 400% of the federal poverty line and no application is necessary.

Click here to read the full story on Next City.

More Resources:

From India Bourke / BBC: Debt-for-nature or debt-for-climate swaps are financial tools that allow indebted countries to refinance their debt and use the money saved to restore ecosystems and build environmental resilience. Ecuador, with the help of Credit-Suisse and the...

Sheeza Shah is Founder and Managing Director of UpEffect, a crowdfunding and social impact consultancy shaping a benevolent economy through equitable finance and strategy. Sheeza has spent the past decade in the tech, non-profit, and social enterprise world project managing...

Philip Rosedale is a co-founder and advisor of High Fidelity, a company devoted to exploring the future of next-generation shared virtual reality. Prior to High Fidelity, Rosedale created the virtual civilization Second Life and has also worked on experiments in...

From Pien Huang / NPR: In an effort to improve child healthcare, a program at the Harbor-UCLA Medical Center matches low-income families with financial coaches when they come in for their child’s appointments. The coaches help them address financial stressors,...

Luisa Fernanda Bacca Benavides is a Colombian lawyer specializing in human rights. She has over seven years of experience within the United Nations system, where she has developed strategies to prevent internal displacement and protect the territorial rights of indigenous...

Donna Norton is a founding member of MomsRising and serves as MomsRising’s Executive VP and Chief Advancement & Strategy Officer, helping to develop and drive the strategic direction of MomsRising’s agenda. Norton is an innovator and strategic manager with more...

We use cookies to improve your experience on our website. By continuing to browse, you agree to our use of cookies. For more details, please see our Privacy Policy.