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I believe RIP Medical Debt ARE the “collection agency”. They buy the medical debt for cents on the dollar from the hospital, then cancel it out.
by wincy 3y ago
I believe RIP Medical Debt ARE the “collection agency”. They buy the medical debt for cents on the dollar from the hospital, then cancel it out.
- xyst 3y agoOh wow then the $11B is not really representative of what was paid then. Seems more like $100M paid to hospitals in exchange for writing off $11B. $100M over a 10 year period doesn’t make the headlines though :(