Health care shouldn't put you into debt. As a doctor and doctor-husband, this is an issue that's close to our hearts. RIP Medical Debt uses donations to purchase bundled medical debt portfolios that have gone through collection agencies for months or years. Using third-party credit data providers, it targets debt incurred by people facing financial hardship, and then forgives it. On average, $1 is leveraged to abolish $100 in medical debt.

You can learn more about the process by watching this video:

https://www.youtube.com/watch?v=OSk8xDd2GbU

Please join us in abolishing the medical debt of people across the country.

Facts about Medical Debt

- 42.9 million Americans have unpaid medical bills, which creates an adverse impact on debtor patients, physicians, and hospitals (Consumer Financial Protection Bureau)

- Six in 10 of both insured and uninsured people say they have difficulty in paying other bills as a result of medical debt. Over a third were unable to pay for food, heat or housing because of medical bills. (Kaiser Family Foundation & New York Times)

- Nearly two-thirds of U.S. adults under age 65, or 116 million people, had medical bill problems or debt, went without needed care because of cost, were uninsured for a time or were underinsured — insured but had high out-of-pocket medical expenses or deductibles relative to income. (Kaiser Family Foundation & New York Times)

- Medical debt contributes to more than 60 percent of the bankruptcies in the U.S. Until satisfied, debt lingers on a person’s credit report to negatively impact their ability to buy a home, get a loan or even gain employment. (The American Journal of Medicine)

Whose unpayable medical bills does RIP forgive?

- Individuals who make less than 2 times the federal poverty level

- Individuals with financial hardship - 5% or more of their annual income goes to out-of-pocket medical expenses

- Individuals who are insolvent (debts greater to their assets)