We use donations to buy large bundles of medical debt and then forgive that debt with no tax consequences to donors or recipients. From this idea came RIP Medical Debt, a New York based 501(C)(3). The results have been spectacular— $1,396,496,786 in medical debts eradicated so far, providing financial relief for over 650,000 individuals and families.
By forgiving this debt we strive to give struggling individuals, and their families, a fresh start. We hope to give those affected the ability to seek the continued medical care they need and help them back towards financial stability.