3/26/2023 0 Comments Rip medical debtBecker's Cardiology + Heart Surgery Podcast.Becker's Ambulatory Surgery Centers Podcast.Becker’s Digital Health + Health IT Podcast.Digital Health + Telehealth Virtual Event.Conference Reviewers: Request for More Information.8th Annual Health IT + Digital Health + RCM Conference.20th Annual Spine, Orthopedic & Pain Management-Driven ASC Conference.Clinical Leadership & Infection Control.Until the high cost of medical care in this country is addressed, Camacho is making sure those in need don’t have to carry that burden alone. “My prayer is still that something will change.” “But at the same time, I'm appalled that we have to exist.”Ĭamacho says the reasons why these debts fall to donations from people like his congregation is a “hard question to answer.” “At the end of the day, I really am inspired by what RIP does every single day,” she said. While Sesso says she is grateful for the outpouring of donations and help, she wishes government leaders would also see a moral obligation to work to absolve these debts. “It's empowering for people at a moment where we feel so stunted as a nation in a lot of ways,” Sesso said. But we're committed as a group to trying to help our neighbors,” he said. We're not a particularly large congregation. “We're not a particularly wealthy congregation. He says his congregation has wiped out RIP’s debt portfolio for 14 Maryland counties, and now they’re partnering with other churches to raise enough money to wipe out debt for the entire state. “I think giving people a taste of freedom and forgiveness is the mission of the church,” Camacho said. More than 400 church congregations - large and small - across the country have pitched in as well. MORE: Texas church uses donations to pay off $2.6M in medical debt for families They get a really big charge that they can give $10,000 and have over $1 million of debt abolished.” I mean, major celebrities have donated to us. “People are just coming forward after that in droves. The guy is amazing and the way that he pokes fun at serious, serious issues,” Antico said. As my partner Jerry says, we're going to erect a statue of John Oliver. “We wouldn't be here if it wasn't for John Oliver. Big donors soon followed suit, including Melinda Gates and Mackenzie Scott. The company’s donors have included TV host John Oliver, whose contributions helped forgive nearly $15 million in medical debt.Īntico says that Oliver’s donation helped put RIP Medical Debt on the map. “It was just this thing, this blessing, that just appeared in the mailbox and from nowhere, and it just took care of it,” Dees said. Louis donations wipe away $13 million in medical debtīecause of these debts’ values, every dollar paid absolves $100 worth of medical debt. So, thank goodness for the shift to this debt forgiveness world.” I can't even imagine the collection industry is a very hard industry to be in. They wouldn't talk to me for two or three years … until they realized that we've got to help these people that can't pay and will never pay,” Antico told ABC News. To the industry itself, felt like I was a traitor. Now he’s in the business of debt forgiveness. The company’s co-founder, Craig Antico, was once a debt collector. In the debt collection market, debts owed by low-income people are cheaper for third parties to buy, because they are least likely to ever be paid off. We're helping people who really need the help the most,” Sesso said. “We're not helping people who are well off. 200% for a family of three would be $43,440. This year, federal guidelines for a family of three would make the poverty line an annual income of $21,720. Sesso explained those eligible for the program must be 200% the poverty level or below.
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