Maine Nonprofits Buy Medical Debt
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•Business
Business & Economics
Maine Nonprofit Cancels $1.9 Million in Medical Debt for 1,500 People
66% Informative
Mainers for Working Families and Undue Medical Debt teamed up to buy debts worth up to $1.8 million for pennies on the dollar.
The method, now becoming something of a mainstream charity movement, was explained in an earlier GNN story.
The action was taken on behalf of 1,508 people who had taken on medical debt worth 5% or more of their annual income.
VR Score
58
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52
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0
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semi-formal
Language
English
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37
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short-lived
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