Rip Medical Debt

RIP Medical Debt 80 Theodore Fremd Avenue Rye NY 10580.

Rip medical debt. This pandemic is worldwide but there are unique implications for the United States because of the strong link between coverage and cost in our health care system. 8 Rather than collecting on the debt donors write the purchase off as a charitable contribution to RIP who then uses the funding to forgive medical debts for random individuals across the United States. The charity states that they pay about 1 for every 100 of debt that they purchase.

We notify the individuals for whom debt was purchased that we have bought and forgiven the debt. To donate by mail send a check to. RIP Medical Debt is headquartered in Rye NY and is a 501c3 organizationEIN.

Together the Southern New England Conference erased 262 Million in Medical Debt by raising more than 200000. The idea started when Jerry saw a group of people set up a medical debt forgiveness program. We never collect on debt we.

RIP Medical Debt connects individual donors philanthropists and organizations with individuals facing medical debt allowing donors to purchase debt portfolios at pennies on the dollar. Using donations RIP Medical Debt purchases large portfolios of medical debt on the secondary market or directly from patient care providers. We are in this together.

We retire the debt forever by making it unavailable for further sale. RIP Medical Debt 80 Theodore Fremd Avenue Rye NY 10580. RIP Medical Debt is dedicated to locating buying and forgiving medical debts across America for those most in need.

The IRS NTEE classification code is P50 Personal Social Services within the Human Services - Multipurpose and Other category. 7132 likes 150 talking about this. Read the article and watch the press conference here.