Over a hundred million Americans, one in three, struggles with the weight of medical debt. Every day 1 in every 2 Americans choose between paying medical bills and covering basic needs. Every $100 relieves $10,000 of medical debt.
How RIP Works:•
You make a donation
RIP uses data analytics to pinpoint the debt of those most in need: households that earn less than 4x the federal poverty level (varies by state and family size) or whose debts are 5% or more of annual income.
• RIP buys medical debt at a steep discount
They buy debt in bundles, millions of dollars at a time at a fraction of the original cost. This means your donation relieves about 100x its value in medical debt.
• Together we wipe out medical debt
People across the country receive letters that their debt has been erased. They have no tax consequences or penalties to consider. Just like that, they’re free of medical debt.