Arizona Cancels Medical Debt for Nearly Half a Million Residents, Wiping Out $642 Million
Arizona residents are benefiting from a program that has wiped out over $642 million in medical debt, with the latest round exceeding $200 million. This initiative, spearheaded by Governor Katie Hobbs, utilizes state funds to purchase medical debt from healthcare providers for a fraction of its original value. The program targets individuals with incomes below 400% of the federal poverty level or those whose debt constitutes a significant portion of their income. Recipients receive letters acknowledging the debt relief and crediting both Undue Medical and Governor Hobbs for their financial reprieve.
John Q. Hosedrinker