For many people who feel that they are pressed under the weight of their medical bills, trips to the mailbox can be a cause for concern, a reminder that you are in a hole to feel impossible to go out of, reminder that someone is still After the next few weeks, the opening of the mailbox for some people may be surprised: a yellow envelope with the words “RIP Medical Debt.” First, it might be like a scam, perhaps a scheme that the recipient could eventually leave worse than they started. But when they open the letter, they learn that the words are true. Their medical debt is forgiven – thanks to someone, where the church spent $ 46 million in medical debts. That is the message that Crossroads Church, located in Cincinnati, wanted to launch. Crossroads Church recently terminated over $ 46 million in medical debt to around 45,000 people in Ohio, Kentucky, Indiana, Tennessee and other parts of the country. “It seems a good thing to do,” Brian Tome, senior priest at Cross Church Megasurch claimed about 50,000 people to give the cause if they had any extra money to save. And that is the best thing when churches notice: When they do something that needs to be done, and when they are able to do it, and then they do it, “Tome said. He and her husband were working on their credit for the past six months hoping to buy a house and, after paying off some of their other debts, Alcorn had an outstanding medical bill. she had been paying past him since 2003. A few weeks ago, she got a letter saying that the bill was looked after. “we add greatly to our lives,” she told CNN. Over the past few years, individuals, charities, religious groups and other organizations have been popular with previous medical bills, many of which started after seeing an article about other people who had raised money to make money. As more and more people read about similar efforts, some of them start their own campaigns, creating a domino effect of good deeds. The campaign that started Crossroads Church is just one of a few recent examples. Erin Potts, a resident of New Orleans and an independent person who worked on social change began a crowded campaign to medical debt of the poorest residents in New Orleans. last September. After reading about two women in New York who destroyed $ 1.5 million in medical bills spent by hundreds of strangers, Potts began thinking about what the debt burden was in their own community. Some of the most vulnerable people in the city had $ 1.9 million of medical debt – a total of $ 19,000. Because of the weight it would take on people’s shoulders, this did not seem to be the same. So Potts got work, with a team of others behind her. “Everyone knows that New Orleans suffered things like Katrina and BP oil spills, and, as I said in that article, badly called against the Saints,” CNN pots said, referring to January’s story from NOLA.com. “New Orleans sometimes have a lot going against it, and this has meant that we can do something that helps many people in our community in an important way.” Potts and her team set up an online subscription page. They ran a bakery sale. They put money on “cookies and cocktails”. By the end of December, about four months after the campaign started, they exceeded their fundraising target of $ 19,000 – and enabled some of their fellow citizens to make a sigh. This is how it works exactly as do these people and organizations go to end all that medical debt? Through a partnership with a non-profit organization called RIP Medical Debt. This works like this. Medical Debt TIP collects funds from donors. It then works with third party credit data providers and looks through bundled debt portfolios to find the accounts of those who meet the criteria for relief. The organization says it seeks to relieve medical debt for those most in need, which means people: than twice the federal poverty level Have a debt that is 5% or more of their annual income. Many of these portfolios have already gone through a number of collection agencies, and debt buyers know that it may take months or years to collect them. So RIP Medical Debt negotiates with them to buy the portfolios at a sharp discount, saying that it is a penny on the dollar. forgiveness. People get a letter telling them that their debt has gone, and just like that, they are free. People who want to donate to the cause can bring it directly to an existing campaign, or they can start a campaign in their own community by contacting RIP Medical Debt. The organizers of the campaign will determine the amount of debt available for purchase in a particular area and will negotiate a reasonable co-financing target. Debt collectors started the non-profit money. Behind RIP Medical are two former debt collectors. Craig Antico and his co-founder, Jerry Ashton, worked for many years in the collections business, although they did not have the job in particular. When they discovered that another group that had worked on the cessation of medical debt was approaching, they left their jobs and launched their own organization in 2014. “Jerry and I just looked at He said, ‘We can’t leave this anymore,’ “Antico told CNN. People who spent years collecting unpaid medical bills could have a fair chance of changing it. cleaning away. But the systems they are working with are the same – the mission has changed. Antico likes to say that he is now a “predator driver.” “As a collector, you do not think about the forgiveness of debt. You collect the debt,” said Antico. “I have never thought of the hardship of those who could not. I thought, ‘Hey, I’m trying to find out who can pay.’ Now I am trying to find the people who need help from them. “Since RIP Medical Debt began, medical debt has been eliminated by more than 700,000 people, according to Antico. Huge debt is a huge burden on Americans. a problem in the USOne five working-age Americans find it difficult to pay their medical bills, according to the Kaiser Family Foundation / New York Times 2016 survey. Almost one in five US credit reports show unpaid medical debt, according to a 2014 report by the Consumer Financial Protection Bureau. 27.5 million people in the US are estimated to have no health insurance in 2018, according to the latest data from one year for people with health, cost and deductible insurance growing faster than their incomes. Medical bills are unforeseen due to emergencies requiring ambulances or hospital stays. In situations such as these, it is often difficult, or almost impossible, to ensure that a health care provider within a person’s insurance network. If medical bills increase, debt can affect other areas of life. It can have a detrimental effect on credit, making it difficult to buy or rent a house. It is a common factor behind bankruptcy. It can even drive people to take care in case they can’t pay costs. “Medical debt is not like someone running up their credit card because they bought too much clothes or something like that,” Tome said. “This is a real life difficulty that you never really experienced. Your body broke down.” Medicine debt is the main factor that can be associated with the activity Mariame Kaba, personal.Kaba is the director and founder of Project NIA, an advocacy organization dedicated to youth action. A few years before the Affordable Care Act was passed, she said she had been refused health insurance. She became ill and came to hospital because of diabetes issues. And she managed to get into medical bills. Kaba said she was lucky to have been able to pay her medical debt over a number of years. But she knows that not everyone is so lucky, and that the constant flow of letters can be poured into toll boxes people do. In November 2019, she launched a campaign to pay unpaid medical bills for people in the New York and Chicago states, both of which were linked. She called for donations to her vast online network, including 149,000 Twitter followers. The target was to raise $ 50,000 to destroy $ 5 million in medical debt. In a few days, Kaba had achieved this goal. So she kept on. He went to RIP Medical Debt to find out what other communities could use the help for. These communities included Flint, Michigan, which had a $ 10 million medical debt to buy. A further $ 50,000 was added by Kaba to the cash target to end $ 5 million debt to Flint residents. But his campaign also exceeded this amount, rising to a total of $ 151,000. This meant that she still left around $ 19,000 after paying off debts in New York, Chicago and Flint. Now she is taking that money to end $ 1.9 million of debt in San Antonio. The amount of money she has collected over a short period of time has been a testament to how personal the issue is to people, Kaba said . We have families or friends or people in our community who need to be cared for, “she told CNN.” This is universal. “These campaigns provide immediate relief that there may be arguments that unpaid medical bills are a sign. a broken healthcare system, and actors such as Kaba and Potts do not agree. They felt compelled to help people who are currently being pressurized into the weight of their bills. “People are now drowning,” said Kaba to CNN. we have what we can do for people while we are fighting for a better way to change and change more policies. “Potts agreed” medical debt is a disease We cure him, and we have to go beyond the political time and enact some of those remedies, “Potts said.” But in the meantime, he felt like doing something at a local level to help nd with people who may be suffering as something we could easily do. “In other words, it will take a good time to cure the debt disease. But while Americans remain, they can be comfortable in the fact that people are out there who want to help them feel better.

For many people who feel that they are pressed under the weight of their medical bills, trips to the mailbox can be a cause for concern, a reminder that you are in a hole to feel impossible to go out of, reminder that someone is still after you have money you do not have.

In the coming weeks, the opening of a mailbox for some people may be surprisingly welcome: a yellow envelope with the words “RIP Medical Debt.”

At first, there may be a scam, perhaps a scheme that the recipient might eventually get worse than they started. But when they open the letter, they learn that the words are true. Their medical debt is forgiven – thanks to someone, where he was cared for.

A church left $ 46 million in medical debt

That’s the message that the Church of the Cross, located in Cincinnati, wanted to launch. Crossroads Church recently terminated over $ 46 million in medical debt to around 45,000 people in Ohio, Kentucky, Indiana, Tennessee and other parts of the country.

“It seemed good to do it,” said Brian Tome, senior priest at Crossroads Church, with CNN.

The megachurch asked their people to bring about 50,000 people to give the cause if they had any extra money to save. And the people of the church delivered.

“That is when churches are at their best: When they do something they need to do, and they have the capacity to do it, and then they do it,” Tome said.

For Rebecca Alcorn, one of the people who got the campaign, the letter came at the perfect time.

She and her husband have been working on their credit for the past six months as they look to buy a house. After paying off some of her other debts, Alcorn had an outstanding medical bill she had been paying down since 2003. A few weeks ago, she received a letter saying that the bill was looked after.

“Actually, he gave this wonderful boost to our lives,” she told CNN.

The pursuit of debt is a common way to return

In recent years, previous medical bills due to individuals, charities, religious groups and other organizations have become increasingly popular to return to communities.

Many campaigns started after an article about other people who had raised money to get medical debt. As more and more people read about similar efforts, some start their own campaigns, creating a domino effect of good deeds.

The campaign that started Hollywood Church is just one of a few recent examples.

New Orleans resident and independent consultant on social change, Erin Potts, began a crowd-funded campaign to destroy New Orleans’ poorest resident medical debt last September.

After reading about two women in New York who destroyed $ 1.5 million in medical bills previously due to hundreds of strangers, Potts began to consider the debt burden in her own community.

Some of the most vulnerable people in the city were owed $ 1.9 million of medical debt – a total of $ 19,000. Because of the weight it would take on people’s shoulders, this did not seem to be the same. So Potts got work, with another team behind her.

“Everyone knows that New Orleans suffered things like Katrina and BP oil spills, and, as I said in that article, bad calls against the Saints,” Potts told CNN, referring to January’s story from NOLA.com. “New Orleans sometimes have a lot of opposition, and this has meant that we can do something that helps many people in our community in such an important way.”

Potts and her team set up an online subscription page. They ran a bakery sale. They put money on “cookies and cocktails”.

By the end of December, about four months after the campaign started, they exceeded their fundraising target of $ 19,000 – and enabled some of their fellow citizens to breathe a sigh of relief.

This is how it works

So how exactly do these people and organizations go to end all that medical debt? Through partnership with a non-profit organization called RIP Medical Debt.

It works like this.

Medical Debt collects RIP funds from donors. It then works with third party credit data providers and looks through bundled debt portfolios to find the accounts of those who meet its relief criteria.

The organization says it aims to alleviate medical debt for those who need it most, meaning people:

  • Earning less than twice the federal poverty level
  • Have a debt of 5% or more of their annual income
  • Insolvency face, which means that their debts are greater than their assets

Many of these portfolios have already gone through a number of collection agencies, and debt buyers know that it may take months or years to collect them. So RIP Medical Debt negotiates with them to buy the portfolios at a sharp discount, saying it is an average penny on the dollar.

In other words, $ 100 of the medical debt would cost about $ 1.

When RIP Medical Debt accepts the debt, he gets forgiven. People get a letter telling them that their debt has gone, so they are free.

People who want to give the cause can do so directly to an existing campaign, or they can start a campaign in their own community by contacting RIP Medical Debt. The organizers of the campaign will determine the amount of debt available for purchase in a particular area and will negotiate a reasonable co-financing target.

Debt collectors began the non-profit

Behind RIP there are two debt collection debt.

Craig Antico and his co-founder, Jerry Ashton, worked for many years in the collections business, although they were not popular.

When they discovered that another group working on the cessation of medical debt was approaching, they left their jobs and launched their own organization in 2014.

“Jerry and I just looked at each other and said, ‘We can’t leave this anymore,'” Antico told CNN.

People who have spent years collecting unpaid medical bills may be forced to remove gears for cleaning away. But the systems they work with are the changed mission.

As Antico likes to say, he is now a “raptor of prey.”

“As a collector, you do not think about the forgiveness of debt. You collect the debt,” said Antico. “I have never thought of the hardship of those who could not. I thought, ‘Hey, I’m trying to find out who can pay.’ Now I’m trying to find the people who need help from them. “

Since RIP Medical Debt began, about $ 1.5 billion has been eliminated in medical debt for more than 700,000 people, according to Antico.

Medical debt is a big burden on Americans

Medical debt is a widespread problem in the United States.

One in five working-age Americans find it difficult to pay their medical bills, according to the Kaiser Family Foundation / New York Times 2016 survey. Almost one in five US credit reports show unpaid medical debt, according to the 2014 report from the Consumer Financial Protection Bureau.

27.5 million people in the US are estimated to have no health insurance in 2018, according to the most recent Census Bureau data.

Even for people with health insurance, costs and deductions are growing faster than their income.

Some have unforeseen medical bills due to emergencies requiring an ambulance or hospital stay. In cases such as these, it is often difficult, or almost impossible, to ensure that a health care provider within a person’s insurance network.

As medical bills rise, debt can affect other areas of life.

There is a serious stress on medical debt. It can have a detrimental effect on credit, making it difficult to buy or rent a house. It is a common factor behind bankruptcy. It can even encourage people to cancel care because of their ability to pay costs.

“Medical debt is not like someone who just has to set up a credit card because they bought too much clothes or something like that,” Tome said. “This is a real life difficulty that you never really experienced. Your body broke down.”

Medical debt is the most important thing to do with it

In the case of the actor Mariame Kaba, medical debt is a personal issue.

Kaba is director and founder of Project NIA, an advocacy organization dedicated to the elimination of youth imprisonment.

A few years before the Affordable Care Act was passed, she said she had been refused health insurance. She became ill and came to hospital because of diabetes issues. And she had a big stack of medical bills.

Kaba said she was fortunate to have been able to pay her medical debt over a number of years. But she knows that not everyone is very lucky, and that the constant flow of letters that spill into people’s mailboxes can take toll.

So, in November 2019, she launched a campaign to pay for the unpaid medical bills for people in New York and Chicago, the two places she had connected with. She called for donations to her vast online network, including 149,000 Twitter followers. The target was to raise $ 50,000 to clear $ 5 million in medical debt.

Within a few days, Kaba had achieved this goal. So she kept going.

She arrived at RIP Medical Debt to find out what other communities might use the help for. These communities included Flint, Michigan, which had a $ 10 million medical debt to buy.

Kaba added a further $ 50,000 to the fundraising target to end $ 5 million debt to Flint residents. But its campaign also exceeded, totaling $ 151,000.

This meant that after paying debts in New York, Chicago and Flint, she still left around $ 19,000. Now she is taking that money to eliminate $ 1.9 million of debt in San Antonio.

The amount of money she raised over a short period of time is a testament to how personal the issue is for people, Kaba said.

“We all have to go to the doctor at some point in our lives. We have a family or friends or people in our community who need to be cared for,” she told CNN. “This is universal.”

These campaigns provide immediate relief

Critics may argue that the idea of ​​paying unpaid medical bills is a sign of a broken healthcare system, and actors such as Kaba and Potts do not agree.

However, both said that they were obliged to help people who are currently under pressure from their bills.

“People are now drowning,” Kaba told CNN. “So we have what we can do for people while we are fighting a better way to change policies and major changes.”

Pots agreed.

“Medical debt is a disease that we have a cure, and we have to go over politics and enact some of these medicines,” Potts said. “But in the meantime, he felt like doing something at a local level to help people who might be suffering as something we could easily do.”

In other words, it will take some time to cure the medical debt disease. But while Americans remain, they can be comfortable in the fact that people are out there who want to help them feel better.

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