Medical Debt Is a Uniquely American Disaster

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Medical debt is one of the leading causes of bankruptcy in the United States.

In the wake of Grim's election to the Ohio Statehouse in the 2022 midterms, she is optimistic about the possibility of introducing a similar plan at the state level.gave her a call to discuss the importance and impact of medical debt forgiveness, universal health care, gun control as a public health issue, and more.Brian KaiserSo Cook County, Illinois, was the first municipal government to implement a pilot for medical debt relief.

Toledo City Council and Lucas County Commissioners have each passed $800,000, for a total of $1.6 million, to eliminate between $190 and $240 million of medical debt by partnering with RIP Medical Debt. The exact amount depends on which hospitals participate, the age of the debt, and at what rate they can negotiate. They’re able to purchase medical debt from hospital systems and other health care groups, and sometimes the secondary market, for pennies on the dollar.

Four-hundred percent of the poverty level for a family of four is like a little over $100,000 here in Toledo. You know, that may feel like a lot of money, but it's really not — especially with inflation and gas prices. WeSo this is going to really help a lot of people in our community, because I suspect there are a lot of folks with medical debt that they haven't been able to pay.

Nobody asks to get injured, nobody expects to go to the doctor and find they need an additional X-ray or to hear, “We saw something in your wellness exam, you need to go for an ultrasound.” That unexpected X-ray or test could lead to costs that people didn't expect to have. And then they get a bill in the mail, and it’s like, “Oh jeez, either I put food on the table or I pay this medical bill.

 

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I don’t pay that sh*t anyways

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