The nonprofit that teamed with comedian John Oliver to retire nearly $15 million in Texas patients’ hospital debt aims to erase at least $1 billion owed by low-income people for medical care, health-news site Stat writes.
RIP Medical Debt was started by two former debt-collection workers who changed their ways after talking to Occupy Wall Street protesters in New York. “They were very concerned about consumer debt and poverty,” said co-founder Craig Antico. “And they came up with the idea of buying medical debt to show how the debts are bought and sold.”
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