SALT LAKE CITY (ABC4) – A healthcare company serving Utah has announced a new partnership to eradicate millions of dollars in overdue medical bills.
Nomi Health partners with RIP Medical Debt to eliminate over $ 225 million in medical bills. Nearly $ 2 million has been put forward by Nomi to buy out overdue debt, relieving more than 176,000 residents of Utah, Florida, Colorado and Nebraska of their debt.
According to Nomi, the money owed “piled up thanks to surprise billing and high health costs before the pandemic”. For some, this has led to wage garnishment, liens, and other heavy-handed debt collection tactics.
Nomi says the debt he resolves is for people who meet RIP’s criteria to live twice or below the poverty line, or those whose debts represent 5% or more of their annual income.
RIP Medical Debt was founded in 2014. The group strives to use donations to purchase large batches of medical debt and alleviate debt without any tax consequences to donors or recipients. According to its website, RIP Medical Debt has so far eradicated $ 5,000,010,000 in medical debt.
Here’s a breakdown of Nomi’s debt relief payments:
- Florida: More than $ 118 million in health care debt will be written off for nearly 100,000 state residents;
- Utah: More than $ 100 million in health care debt will be relieved for more than 73,000 residents, focused on rural and socio-economically affected communities;
- Colorado: More than $ 5 million in health care debt – the entire state’s current portfolio of RIP Medical Debt – will be written off for more than 5,500 state residents; and
- Nebraska: Almost $ 75,000 in health care debt – the entire current state portfolio of RIP Medical Debt – will be written off statewide.
A recent Gallup study shows that nearly a fifth of all Americans struggle to afford health care services. Nomi patients benefiting from this relief will receive signature RIP letters by mail confirming their debt repayment from October.