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Allison Sesso - 2 Ned Lamont - 1 Lamont - 1 ” Lamont - 1 “ It’s - 1 Phil Murphy - 1 ” Murphy - 1 Jessica Hill - 1
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Search resuls for: "Allison Sesso"


2 mentions found


☆ Connecticut says it will become first state to cancel medical debt for many residents
  + stars: | 2024-02-02 | by ( Tami Luhby | ) edition.cnn.com   time to read: +4 min
CNN —Connecticut will cancel roughly $650 million in medical debt for an estimated 250,000 residents this year, Gov. More than 1 in 10 Connecticut residents have medical debt in collections. New Jersey included $10 million in its most recent budget to fund a pilot program to cancel residents’ medical debt, and Gov. Medical debt is now the largest source of debt in collections, totaling more than credit cards, utilities and auto loans combined, according to the White House. And the Consumer Financial Protection Bureau and the Biden administration are also considering ways to minimize the burden of medical debt.
Persons: Ned Lamont, Lamont, ” Lamont, “ It’s, Phil Murphy, ” Murphy, Jessica Hill, Allison Sesso, Biden Organizations: CNN, Gov, Connecticut Gov, New, New York City, Black, Third, Financial Protection Bureau Locations: Connecticut, Covid, New Jersey, New York
☆ New York City Plans to Wipe Out $2 Billion in Medical Debt for 500,000 Residents
  + stars: | 2024-01-22 | by ( Associated Press | Jan. | At P.M. | ) www.usnews.com   time to read: +1 min
NEW YORK (AP) — New York City intends to wipe out more than $2 billion in medical debt for up to 500,000 residents, tackling a top cause of personal bankruptcy, Mayor Eric Adams announced Monday. The city is working with RIP Medical Debt, a nonprofit that buys medical debt in bulk from hospitals and debt collectors for pennies on the dollar. He called the debt relief program the largest municipal initiative of its kind in the country, though RIP Medical Debt has worked with other municipalities. Political Cartoons View All 253 ImagesRIP Medical Debt president and CEO Allison Sesso said there will be no application process for the program. Though New York City is facing financial strains, Adams said the $18 million commitment over three years is a great investment for the city.
Persons: Eric Adams, ” Adams, ”, Allison Sesso, Adams, “ They’re Organizations: —, New Locations: — New York, United States, New York City
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