Jury Is Out On Philanthropy And Medical Debt
The NonProfit Times
APRIL 17, 2024
Proponents of doing so have cited the ability to purchase this debt for pennies on the dollar due to historically low recovery rates associated with medical debt, with the $13 billion costing taxpayers around $137 million or just over 1% of the total. Proponents of medical debt relief often tout the low cost as a feature,” wrote the authors.
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