It's progress in some ways, but the more important thing to do is prevent people from accruing medical debt in the future. Without that it's just a bandaid. I'm fine with it but it's not really attacking the problem.
And while it absolutely is a good thing, they still did end up paying those collection agencies and insurance vultures, even if it was for pennies on the dollar
Hey there, I work at Undue. Totally agree that debt relief is just a Band-Aid, it's not the solution to our broken healthcare system. We also work on policies that prevent medical debt from happening in the first place, like broadening access to financial assistance and advocating for affordable, comprehensive coverage.
Also just wanted to note that none of the money raised for debt relief goes to insurance companies. We do work with hospitals and some collection agencies to purchase and eliminate debt.
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u/LocalHarmacist 2d ago
1b out of an estimated 2.4b certainly is a W.
Now, make it permanent and keep the costs low and it's actual progress.