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Trinity, Oshkosh Tackles Medical Debt

Posted 2/7/2023

 
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​Join Trinity, Oshkosh, as they seek to forgive $1.2 million in medical debt in Wisconsin. The aim is to provide relief and, more importantly, hope to neighbors burdened by medical debt. The Rev. Dr. Chris Corbin shared that Trinity is working with RIP Medical Debt to pay off a significant portion of medical debt for low-income Wisconsin families. RIP Medical Debt is a national nonprofit whose purpose is to strengthen communities by abolishing financially burdensome medical debt. Trinity will match, dollar for dollar, the first $6,000 raised in this campaign.

Corbin notes that in the past forty years, medical costs have doubled, insurance copays and deductibles have spiked, and bankruptcy rates have quadrupled, creating an avalanche of destructive medical debt. More than 60% of bankruptcies in America have medical debt as a root cause.

How it works: You donate.  RIP buys medical debt at a steep discount. Together we wipe out medical debt. RIP uses data to pinpoint the debt of those most in need. Either those who earn less than 4x the poverty level or whose debts are 5 percent more than annual income.  They buy the debt in bundles, millions of dollars at a fraction of the cost. Recipients have no tax consequences or penalties to consider. Just like that, they’re free of medical debt!
​Visit Trinity’s campaign to donate here.


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