New York City plans to wipe out $2 billion in medical debt for 500,000 residents

New York City plans to wipe out  billion in medical debt for 500,000 residents

NEW YORK — New York City intends to wipe out more than $2 billion in medical debt for up to 500,000 residents, tackling a top cause of personal bankruptcy, Mayor Eric Adams announced Monday. The city is working with RIP Medical Debt, a nonprofit that buys medical debt in bulk from hospitals and debt collectors … Read more