Medical Debt

This charity plans to buy out $278 million of medical debt

A national charity has announced it will buy out the unpaid health care bills of 82,000 low-income patients.

RIP Medical Debt has reached a deal to buy $278 million in debt from Ballard Health, according to The Wall Street Journal. Many of those patients never should have been billed at all under the hospitals’s financial-aid policies, but seemingly failed to fill out the proper applications. Health care costs have soared recently, and bills are haunting patients.

Read article on Fortune.com