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Source: The Health Care Blog
Management: Medicare
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A Full-Scale Assault on Medical Debt, Part 1
By BOB HERTZ
The recent
proposal by Sen. Bernie Sanders to cancel $81 billion of medical debt is a very
good start—but it is only a start.
The RIP Medical
Debt group—which buys old medical debts, and then forgives them—is absolutely
in the right spirit. Its founders Craig Antico and Jerry Ashton deserve great
credit for keeping the issue of forgiveness alive.
Unfortunately,
over $88 billion in new medical debt is created each year; most of it still
held by providers, or sold to collectors, or embedded in credit card balances.
Tragically, none of this has to happen! In France, a visit to the doctor typical...
Source: The Health Care Blog - March 6, 2020 Category: Consumer Health News Authors: Christina Liu Tags: Economics The Business of Health Care Bernie Sanders health economics medical cost medical debt Source Type: blogs
