Medical Debt Eradicators
A Student Non-Profit Organization Aimed to Alleviate Medical Debt
Help Eradicate Medical Debt!
We are Medical Debt Eradicators, a student nonprofit organization aimed to help relieve medical debt across the US and around the world!
Currently, 137 million people are struggling with medical debt in the US. It is a leading cause of bankruptcies and a burden to low income communities. Your donation can help eradicate thousands of dollars in medical debt and help remove this global atrocity.
Medical Debt Eradicators has been actively supporting and working with the non-profit organization, RIP Medical Debt. Our team has been able to fundraise enough to eliminate $130,000+ of medical debt. For more information, please visit our website: https://www.medicaldebteradicators.org/
(Note: Our method of donation has changed as of October 2021, so please donate through this website and not our previous Venmo donation. The amount on this site does not reflect the total amount of money our organization has been able to eradicate since being founded in 2019).
Campaign Support Recipients
This fundraiser supports a campaign: Students in Action.
Campaign Details
Medical costs have doubled in the past forty years, insurance copays and deductibles have spiked, and bankruptcy rates have quadrupled, creating an avalanche of destructive medical debt. More than 60% of bankruptcies in America have medical debt as a root cause. Take the first step towards addressing this mounting crisis by joining The Students in Action Campaign! The Students in Action Campaign aims to bring together students from across the country to tackle one of America’s longest-standing social issues. Fun fact: Did you know that since 2018, students have raised over $80,000 and abolished over […]
New research on the impacts of medical debt
A new survey published by PerryUndem in 2023 shows that medical debt is a shared experience for patients across the country.
Key Findings
Patients are making tradeoffs that affect their daily lives.
- Nearly 7 in 10 Nearly 7 in 10 U.S. adults say they receive medical bills they cannot afford. Many are forced to delay paying the bill, put it on a credit card, or challenge the bill.
- 6 in 10 Six in ten patients report they have self-treated, delayed, or skipped dental and medical appointments. Thirty-four percent report changing the foods they eat or eating less food to afford health care.
People and patients feel trapped in debt and see no way out. They see medical debt as different from other forms of debt - entirely the fault of institutions and systems, and not something consumers have any control over.
- Nearly 50% Nearly half feel trapped and believe they will never be able to pay off their debt, while a third of respondents reported feeling heightened depression and anxiety.
- Nearly 9 in 10 Nearly 9 in 10 blame the health care industry for fueling the medical debt crisis - not patients themselves. They say the problem stems from the system putting profit over patients.
Join This Fundraiser
Give this fundraiser a boost towards success by helping to raise money targeted directly at those in need.
How RIP Works
Over a hundred million Americans, one in three, struggles with the weight of medical debt.
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You make a donation
We use data analytics to pinpoint the debt of those most in need: households that earn less than 4x the federal poverty level (varies by state, family size) or whose debts are 5% or more of annual income.
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RIP buys medical debt at a steep discount
We 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.
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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.
Frequent Questions
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