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NYC launches program to wipe out millions of dollars in patients’ medical debt
NY Post ^ | 07/31/2023 | Carl Campanile

Posted on 07/31/2023 7:52:29 AM PDT by ChicagoConservative27

Mayor Eric Adams’ administration is launching a sweeping program to wipe out potentially hundreds of millions of dollars in medical debt that New York City patients owe to hospitals and other health-care providers, The Post has learned.

The city Health Department has entered into an agreement with the national not-for-profit group Medical Debt Resolution/RIP Medical Debt.

RIP Medical Debt acquires the patients’ debt from hospitals at a fraction of face value and pays it off with private donations raised, as well as public funding.

“RIP Medical Debt will act as the third party between funders and hospitals to forgive medical debt,” the Health Department said in a public notice.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: debt; medical; millions; nyc
Government should not be involved in this
1 posted on 07/31/2023 7:52:29 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

The voters voted for it. Let them pay for it.


2 posted on 07/31/2023 7:54:46 AM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: unixfox

Congrats New York voters.


3 posted on 07/31/2023 7:57:04 AM PDT by nwrep
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To: ChicagoConservative27

I recently lost a tooth and have scheduled an implant.

IIRC the quote was $$$8,000 !!!

Where is my payout?


4 posted on 07/31/2023 7:58:52 AM PDT by DUMBGRUNT ( "The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message)
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To: ChicagoConservative27

The mayor is going to regret this decision big time. It may solve some short run problems for low-income recipients, but take a guess what’s going to happen to the healthcare needs of future low-income people.


5 posted on 07/31/2023 8:00:28 AM PDT by econjack
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To: ChicagoConservative27

Debt does not disappear. Somebody pays. NYS or any state does not generate income it simply collects it. Therefore it has no power to pay back any debt. No resources. It will collect it from the working stiffs out on ‘The Island, westchester, the boroughs and upstate

LI is turning into solid red Trump country. Let’s see what happens.


6 posted on 07/31/2023 8:02:08 AM PDT by stanne
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To: ChicagoConservative27
Anyone wonder if this is an incentive for people NOT to pay their medical bills? This idiocy brought to you by the same bimbos and soft men who created the 'homeless' horror. Yes, there are better ways to deal with high medical expenses... start with removing government incentives to 'healthcare' professionals to screw over citizens.

7 posted on 07/31/2023 8:09:57 AM PDT by GOPJ (What are the odds two dogs would both only bite Secret Service Agents? Coincidence? Zero.)
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To: DUMBGRUNT

In Tijuana, Mexico an implant was about $895 in 2010 according to the signs I saw.


8 posted on 07/31/2023 8:11:43 AM PDT by Brian Griffin (“Miserably inadequate” people generally vote Democratic.)
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To: Brian Griffin

They are a couple thousand here- i could use a few, but the chances of getting them are slim to none


9 posted on 07/31/2023 8:15:08 AM PDT by Bob434
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To: nwrep

NY chitty- not NY, at this point anyway.

The end result of this??? Even more people leaving the craphole known as NY chitty


10 posted on 07/31/2023 8:29:46 AM PDT by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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To: Brian Griffin

—”In Tijuana, Mexico an implant was about $895”

A guy that worked some years for me was Tex-Mex, a natural born in the US but with lots of family in Mexico. A good guy.

He had a solid crop of thick hair that started going south.

His family said to come on down for a visit and get a transplant, the savings will more than cover the flight.

After some time when he unveiled the masterpiece, it looked good!

A few months later it started thinning out.
No problemo they said, he returned for a re-transplant.

And a third verse same as the first.

Now he is mostly bald and attempts to wear a hat most of the time.


11 posted on 07/31/2023 8:31:15 AM PDT by DUMBGRUNT ( "The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message)
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To: ChicagoConservative27
Medical Debt Resolution/RIP Medical Debt

Two questions:

What is the salary of the Executive Director?

What is his party, and/or political donation history?

12 posted on 07/31/2023 8:48:46 AM PDT by Fido969 (45 is Superman! )
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To: Brian Griffin
In Tijuana, Mexico an implant was about $895 in 2010 according to the signs I saw.

Of course, after about 2 months, the sub-standard implant will fail and then an American dentist will have to replace it. Cost, depending on where the work is done will be about $1500 for the titanium implant and another $1500 for the crown.
13 posted on 07/31/2023 8:50:34 AM PDT by Signalman (3)
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To: ChicagoConservative27

Betting this same government, which helped to void legitimate private debt, will NOT void the overdue tax debt owed by its own struggling citizens, or companies.


14 posted on 07/31/2023 8:51:15 AM PDT by Sgt_Schultze (When your business model depends on slave labor, you're always going to need more slaves)
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To: Fido969

Here are the answers - According to the most recent 990 available, the Executive Director took a salary of $229,000 and received $5474 in benefits. She gave many donations in the $40 to $300 range, all the Democrats, including Joe Biden and Hillary Clinton.


15 posted on 07/31/2023 8:57:24 AM PDT by Fido969 (45 is Superman! )
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To: stanne

According to the 990, this organization received about $66 million in non-government grants and donations in 2020, and according to the schedule A, none from donors over 1.676 million, other than unusual grants or publically-supported organizations.


16 posted on 07/31/2023 9:06:18 AM PDT by Fido969 (45 is Superman! )
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To: Fido969

Macro

Nys has no business deleting anyone’s debts. Not only do they not create revenue they are the most in debt state in the nation. Including California


17 posted on 07/31/2023 9:19:18 AM PDT by stanne
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To: unixfox

“... and pays it off with private donations raised, as well as public funding.”

Public funding; anyone want to guess what this means?

And why would anyone donate privately when they know the taxpayers will take it in the shorts for them? And does anyone think the tax will recede after the debts are paid?


18 posted on 07/31/2023 9:31:26 AM PDT by DPMD (ua)
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To: ChicagoConservative27
"RIP Medical Debt acquires the patients’ debt from hospitals at a fraction of face value and pays it off with private donations raised, as well as public funding."

I underlined the worst part of the deal.

19 posted on 07/31/2023 9:56:44 AM PDT by Wuli
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