NYC plans to forgive $2B in medical debt for over 500K residents in 3 years. Here’s how other cities are taking action
Yahoo Finance·2025-11-12 13:15
New York City announced in October that it has canceled nearly $135 million in medical debt for more than 75,000 New Yorkers. It’s part of a program launched last year that sees the city aiming to relieve medical debt for half a million working class people, according to a release from the mayor’s office (1). Must Read The city partnered with Undue Medical Debt, a national nonprofit that buys and forgives overdue medical bills at a fraction of their face value. Under the program, eligible residents inclu ...