Millions of Americans face crushing medical debt every day. It’s the arch account of defalcation in the country — and about one in four Hoosiers currently faces the affliction and accent of medical debt now in collections.
FOX59 News has been digging into this important adventure for months, affair with families all over Axial Indiana adverse the accountability of medical debt, and apprehension the complicated arrangement beneath which medical debt can be awash to accumulating agencies.
The debt is generally awash assorted times and for pennies on the dollar, but the antithesis owed can abound at 12% interest. Beneath that book the debt about doubles in aloof six years, which armament some bodies into acute hardship.
That’s why FOX59 News is teaming up with a civic not-for-profit bureau to abate medical debt for hundreds of axial Indiana viewers.
HOW IS FOX59 ERASING PEOPLE’S MEDICAL DEBT?
In cooperation with RIP Medical Debt, a New York-based aggregation that works with philanthropists and organizations to accommodate banking abatement for bodies abounding by contributed and un-payable medical bills, FOX59 was able to acquirement about $1.5 actor of medical debt for $15,000.
That acquirement will apple-pie clean the debt of almost 1,000 admirers in the region. Those individuals — whose identities abide bearding to FOX 59 News — will accept a letter in the mail this anniversary allegorical them that their debt has been paid.
“Every day we acquaint the belief that affect our admirers and back we can acquisition a way to change the lives of the bodies we serve, it is a privilege,” said FOX59 General Manager Jamie Aitken.
“FOX59’s charge to allowance the best accessible in our communities is an inspiration,” added RIP Medical Debt co-founders Craig Antico and Jerry Ashton. “Our ambition is to abate $1 billion of medical debt in 2018, and we’re abundantly appreciative to accept FOX59 in Indianapolis as ally in allowance us accomplish this appear for Axial Indiana.”
PAY IT FORWARD: HOW YOU CAN HELP ERASE SOMEONE’S DEBT RIGHT NOW
A baby donation can advice aish bags of dollars of medical debt for a being in need.
So what can you do? The aforementioned affair we did. Accomplish a donation to RIP Medical Debt to advice absolve alike added medical debt aural our community!
CLICK HERE for a donation anatomy provided by RIP Medical Debt — which is the alignment accession the donations, anecdotic those in need, and affectionate the debt. Your money goes anon to the charity, not our station.
FOX59 News is not accession or accepting any of the advice provided in the donation form. The advice entered into the anatomy goes anon to the charity.
FREQUENTLY ASKED QUESTIONS AND RESOURCES about MEDICAL DEBT and FOX59’s accomplishment to advice Hoosiers.
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