Medical debt

REAL SIMPLE Reveals Winners of the 2022 Smart Money Awards

Retrieved on: 
Tuesday, August 9, 2022
Spend, Woman, Financial independence, REAL, Multimedia, Alinea, Behavior, Travel, Author, Weight, NEW, Digital, CEO, Apple News, Investment, Sale, SIMPLE, Benefit, Black, Time, Financial planner, Meredith, Life, Founder, Instagram, Small business, Panel, Medical debt, Dotdash, Solution, Depression, Guess, Holiday, Online shopping, Cryptocurrency, Payment card, Bank, Financial adviser, Entrepreneurship

NEW YORK, Aug. 9, 2022 /PRNewswire/ -- Dotdash Meredith's REAL SIMPLE revealed the winners of its fourth annual Smart Money Awards, spotlighting 32 of the best products and services to help readers maximize their money, investments, and time. Selected by editors and a panel of judges, the winners span eight categories, such as travel, kids and family finances, home and real estate, and more. The 2022 Smart Money Awards are featured in the September issue, on sale August 12 and the full list of winners is available now on RealSimple.com/moneyawards.

Key Points: 
  • The 2022 Smart Money Awards are featured in the September issue, on sale August 12 and the full list of winners is available now on RealSimple.com/moneyawards .
  • The Smart Money Awards is REAL SIMPLE'S annual spotlight on the best financial innovations that make life easier.
  • To curate the 2022 Smart Money Awards, REAL SIMPLE editors compiled a list of products across eight categories that debuted, or were updated between January 2021 and June 2022.
  • The September issue of REAL SIMPLE is on newsstands on August 12, and the full list of this year's Smart Money Awards is now available at REALSIMPLE.com/moneyawards .

Navigating Medical Debt: Regions Bank Announces Grant and Financial Wellness Tools to Help People and Families

Retrieved on: 
Tuesday, March 1, 2022
Finance, Banking, Other Health, Health, Professional Services, Regions Financial Corporation, United States Census Bureau, Bankruptcy, Hospital, Organization, Pembrokeshire Action To Combat Hardship, RF, NYSE, Medical Act, Â, RIP Medical Debt, Equal housing lender, Multimedia, Goal, COVID-19, Foundation, Texas Department of Housing and Community Affairs, Organic, Bank, National Association of Affordable Housing Lenders, Medical debt, Next Step, MacKenzie Scott, Physician, Health, FDIC, RIP, Cryptocurrency, Financial services, Health insurance, Risk management, Region, Regions Financial Corporation, Regions Next Step®, RIP Medical Debt, REGIONS FINANCIAL CORPORATION, REGIONS NEXT STEP®, RIP MEDICAL DEBT

Regions Bank on Tuesday announced a new grant as well as additional online financial wellness tools designed to help people and families address urgent issues surrounding medical financial hardships.

Key Points: 
  • Regions Bank on Tuesday announced a new grant as well as additional online financial wellness tools designed to help people and families address urgent issues surrounding medical financial hardships.
  • View the full release here: https://www.businesswire.com/news/home/20220301005256/en/
    Regions Bank is announcing a new grant as well as additional online financial wellness tools designed to help people and families address urgent issues surrounding medical financial hardships.
  • The Regions contribution of $50,000, in turn, can help RIP abolish approximately $5 million of medical debt in high-need areas.
  • Regions Next Step is the financial education program from Regions Bank, offering a free collection of action-oriented tips, tools and resources.

Law Firm Donation Eliminated Over $14.5 Million Of Medical Debt For Distressed Oklahomans

Retrieved on: 
Wednesday, May 26, 2021
Economy, Articles, Debt, RIP Medical Debt, Rye, New York, Medical debt

Founded in 2014, RIP Medical Debt rapidly has become the leading nonprofit organization tackling the medical debt crisis in the country:

Key Points: 
  • Founded in 2014, RIP Medical Debt rapidly has become the leading nonprofit organization tackling the medical debt crisis in the country:
    RIP Medical Debt identifies, buys, and then forgives unpaid medical debt owed by financially distressed families and individuals.
  • On average, every $1 donated to RIP Medical Debt can be used to purchase and forgive $100 in medical debt.
  • RIP Medical Debt was able to stretch NLLG's direct donation even farther than average, with every $1 used purchasing more than $300 in medical debt on average.
  • The Church's campaign eliminated another $1 million in medical debt for needy residents in Garvin County, as well as $1 million in medical debt in both Pontotoc and Seminole Counties.

93% of Americans Who Negotiate A Medical Bill Get It Eliminated or Reduced

Retrieved on: 
Thursday, March 25, 2021
Finance, Money, Economy, Debt, Medical debt

The survey found that medical debt is keeping Americans from achieving major personal and financial milestones.

Key Points: 
  • The survey found that medical debt is keeping Americans from achieving major personal and financial milestones.
  • Additionally, although more than half of Americans (60%) have been burdened with medical debt, nearly everyone (93%) who negotiates a medical bill has their bill reduced or dropped altogether.
  • 37% owe medical debt, and 23% have had medical debt in the past.
  • Three in four people who have had medical debt tried to negotiate their bill.

Dunnion Law Helps Eliminate $1.8 Million of California Medical Debt

Retrieved on: 
Monday, March 15, 2021
Legal, Practice Management, Insurance, General Health, Health, Hospitals, Professional services, Other Health, Articles, Economy, Debt, Dunnion, Medical debt, RIP Medical Debt, Fundraising

Dunnion Law is helping eliminate over $1.8 million in medical debt for more than 1800 individuals and families in California.

Key Points: 
  • Dunnion Law is helping eliminate over $1.8 million in medical debt for more than 1800 individuals and families in California.
  • Dunnion Law worked with RIP Medical Debt, a New York-based charity, to raise funds that will be used to erase medical debt and provide financial assistance to Californians in need.
  • With that purpose in mind, Dunnion Law initiated a fundraising campaign with RIP Medical Debt and double-matched community-raised funds that generated donations of nearly $10,000.
  • RIP Medical Debt is a nonprofit organization that allows generous donors and organizations to erase the debt of Americans whose lives have been destroyed by unjust medical debt.

GM Law Firm Continues To Prevail In The Fight Against Consumer Debt

Retrieved on: 
Tuesday, January 26, 2021
Money, Debt, Articles, Finance, Debt settlement, Debt crisis, Debt collection, Medical debt

Many of those who endure a debt crisis also encounter the debilitating and often bullying tactics of debt collectors or, worse, face debt lawsuits.

Key Points: 
  • Many of those who endure a debt crisis also encounter the debilitating and often bullying tactics of debt collectors or, worse, face debt lawsuits.
  • For nearly 15 years, the GM Law Firm has successfully represented those who experience the financial burdens of debt.
  • GM Law Firm is a consumer advocacy law firm based in Boca Raton, Florida, that empowers clients battling credit card, private student loan and medical debt to fight for their rights and help negotiate a satisfactory debt resolution.
  • The experienced attorneys from the GM Law Firm also legally protect clients against harassing debt collectors and provide a customized strategy for debt defense.

NLLG Joins Forces With National Nonprofit To Help Thousands Of Oklahomans Dealing With Medical Debt

Retrieved on: 
Wednesday, December 23, 2020
Articles, Debt, Economy, RIP Medical Debt, Rye, New York, Medical debt

OKLAHOMA CITY, Dec. 23, 2020 /PRNewswire/ --As one in five people in the U.S. deal with unmanageable medical debt, and in the spirit of serving Oklahoma communities during this holiday season, National Litigation Law Group (NLLG) is donating $50,000 to RIP Medical Debt, the leading nonprofit organization tackling the medical debt crisis in the country.NLLG expects its donation to enable RIP Medical Debt to eliminate $5 million in unpaid medical debt being claimed from needy Oklahomans.

Key Points: 
  • OKLAHOMA CITY, Dec. 23, 2020 /PRNewswire/ --As one in five people in the U.S. deal with unmanageable medical debt, and in the spirit of serving Oklahoma communities during this holiday season, National Litigation Law Group (NLLG) is donating $50,000 to RIP Medical Debt, the leading nonprofit organization tackling the medical debt crisis in the country.NLLG expects its donation to enable RIP Medical Debt to eliminate $5 million in unpaid medical debt being claimed from needy Oklahomans.
  • Founded in 2014, RIP Medical Debt identifies, buys, and then forgives unpaid medical debt owed by financially distressed families and individuals.On average, every $1 donated to RIP Medical Debt can be used to purchase and forgive $100 in medical debt.
  • "We feel very blessed to be able help families in central Oklahoma, and to contribute to very worthy efforts to help RIP Medical Debt help families in great need in other areas of our home state.
  • In the six years since it was created, RIP Medical Debt has managed to purchase and forgive nearly $3 billion in medical debt.

M3 Wake Research Partners With RIP Medical Debt To Help Relieve Americans Of $1 Million Of Medical Bills

Retrieved on: 
Wednesday, December 23, 2020
Articles, Debt, RIP Medical Debt, Rye, New York, Medical debt

The sole purpose of RIP Medical Debt is to locate, purchase, and abolish unpaid and unpayable medical debt.

Key Points: 
  • The sole purpose of RIP Medical Debt is to locate, purchase, and abolish unpaid and unpayable medical debt.
  • Every $100 donated to RIP Medical Debt relieves approximately $10,000 of medical debt.
  • Each year, 79 million Americans choose between paying their medical bills and basic needs such as food or shelter.
  • For every patient enrolled in a COVID-19 vaccine clinical trial, Wake Research made a donation to RIP Medical debt.

RIP Medical Debt Receives Transformative Gift from Philanthropist MacKenzie Scott

Retrieved on: 
Tuesday, December 15, 2020
Articles, Debt, RIP Medical Debt, Rye, New York, Medical debt, Economy, Debt collection

NEW YORK, Dec. 15, 2020 /PRNewswire/ -- RIP Medical Debt gratefully announces a $50 million gift from philanthropist MacKenzie Scott, the largest in the organization's history.

Key Points: 
  • NEW YORK, Dec. 15, 2020 /PRNewswire/ -- RIP Medical Debt gratefully announces a $50 million gift from philanthropist MacKenzie Scott, the largest in the organization's history.
  • This is a gamechanger for RIP Medical Debt, allowing us to move towards our goals in a greatly accelerated way," said Allison Sesso, RIP Medical Debt's executive director.
  • Since its founding in 2014, RIP Medical Debt has abolished more than $3 billion of medical debt for over 2 million Americans.
  • About RIP Medical Debt: Since being founded in 2014 by two former debt collectors, RIP Medical Debt has acquired, and abolished, more than $3 billion of oppressive medical debt, helping over 2 million individuals get out from under the burden of crushing medical debt.

HealthCareInsider.com Study Highlights Majority of U.S. Adults Concerned About Medical Bankruptcy, Debt

Retrieved on: 
Wednesday, October 28, 2020
Articles, Healthcare in the United States, Debt, Medical debt, Health insurance, Health Economics

Nearly three in ten respondents (28%) reported having received a surprise medical bill in the past year (since October 2019).

Key Points: 
  • Nearly three in ten respondents (28%) reported having received a surprise medical bill in the past year (since October 2019).
  • Of those who reported having medical debt, 65% had debts exceeding $1,000.
  • A portion of the U.S. adults has avoided going to the doctor or getting medical help because of cost worries.
  • Despite some U.S. adults saying they lack health insurance due to cost, many are unaware they could qualify for financial help.