NYC to Wipe Out $2 Billion in Medical Debt , for Some Residents.
On Jan. 22, NYC Mayor Eric Adams announced that the city will eliminate over "$2 billion in medical debt for up to 500,000 residents," Associated Press reports. .
For middle- and working-class
New Yorkers, medical bills can
be financially devastating, Mayor Eric Adams, via statement.
Working-class families often have
to choose between paying their medical
bills or some of the basic essentials
that they need to go through life, Mayor Eric Adams, via statement.
RIP Medical Debt is helping
the city get rid of the debt.
The nonprofit seeks to help
low income people and those who
are experiencing financial hardship. .
There is no application process. .
Those who are selected will be notified
that their debt has been resolved.
NYC will spend $18 million over the course of three years under the program, AP reports. .
If you are able to ... save $2 billion
in debt, that $2 billion trickles down
to those households, who are not
going to fall into our safety net, Mayor Eric Adams, via statement.
They’re not going to fall
into our homeless system, Mayor Eric Adams, via statement