The state's new medical debt relief program has succeeded in getting all eligible hospitals on board. In exchange for relieving medical debt for millions of North Carolinians, the hospitals will receive increased Medicaid reimbursements.
At the start of the month, Gov. Roy Cooper announced a plan to bring medical debt down in the state. He stopped in Winston-Salem on Monday to discuss the topic further with local advocacy groups and state agencies.
North Carolina state government is seeking to rid potentially billions in medical debt from low- and middle-income residents by offering a financial carrot for hospitals to take unpaid bills off the books. Democratic Gov. Roy Cooper unveiled a plan Monday to take away patients' debt and help future patients receive deep discounts or enroll in charity programs. If federal Medicaid regulators approve it, the move would mean roughly 100 hospitals receiving enhanced federal Medicaid reimbursement funds could get even more funds. Other state and local governments have tapped into federal American Rescue Plan funds to cancel debt.
The Consumer Financial Protection Bureau released proposed federal regulations that would prevent unpaid medical bills from being counted on consumers’ credit reports.
Millions of new parents in the U.S. are swamped by medical debt during and after pregnancy, forcing many to cut back on food, clothing, and other essentials.
A Winston-Salem church has partnered with a New York-based nonprofit to purchase and forgive the medical debt of nearly 3,000 households in Wake County.
The city is partnering with the nonprofit RIP Medical Debt to buy up and forgive unpaid medical bills. The trend started in Cook County, Ill., and is spreading to cities across the country.