Health Care FinanceMedical Debt

The state canceling $2B in medical debt

(By Erica Carbajal for Becker’s Hospital Review)

Up to 1 million residents in Arizona may have their medical debt forgiven through a new program the state’s governor announced March 4.

Arizona Gov. Katie Hobbs said the state has partnered with RIP Medical Debt, a nonprofit that buys and eliminates debt, to cancel approximately $2 billion in residents’ medical debt. Through the partnership, Arizona will make up to $30 million in COVID-19 relief funds available for the nonprofit to use for debt purchasing. Continue reading here…

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