4 ms·
How can I submit my debt? Or is it kind of a site that buys debt that the hospital has 0% chance of collecting anyway?
by antisthenes 4y ago
How can I submit my debt?
Or is it kind of a site that buys debt that the hospital has 0% chance of collecting anyway?
- kube-system 4y ago"Buying debt" is analogous to "debt sent to collections" So yes, the latter. Basically, that site helps people to not get phone calls about bills they were never going to pay.
- antisthenes 4y agoRight, which is nice, I guess, but it's more of a feel-good project for those who run it, rather than actual help. 99% of hospitals have financial assistance programs that will either completely eliminate your debt or reduce it by a substantial amount if you fall under a certain bracket of income (usually some multiple 3x or 4x poverty level), which essentially does the same thing. It doesn't address the fact that hospitals prices ballooned out of control due to perverse incentives with insurance companies and dumb regulation that limits profits to a percentage (incentivizing absolute increases in prices, rather than price controls like NHS does)