Abolish Texas Medical Debt
Every dollar you donate forgives $100 in Medical Debt
To donate to this campaign by mail, please send a check:
Payable To:
RIP Medical Debt
Address:
RIP Medical Debt
P. O. Box 411675
Boston, MA 02241-1675
Memo Line:
RIP Medical Debt — 10777
The Problem
In the past forty years, medical costs have doubled, insurance copays and deductibles have spiked, and bankruptcy rates have quadrupled. Over 60% of bankruptcies in America have medical debt as a root cause.
Like many Americans, many hard-working Texans save for financial independence. Still, they may not be ready for an unexpected medical bill that they find challenging to pay off, such as a bill for $1,000+.
Even after medical insurance payouts, there can be unaffordable monthly medical bill payments that Texans must make, threatening their financial stability. Texans who normally would never dream of ignoring a bill are forced to choose between providing for their family and carving deep into their utility and food budget to pay off a debt incurred through no fault of their own.
Without help, some will never escape the burden of their medical debts.
How You Can Help
RIP Medical Debt uses donations to purchase bundled medical debt portfolios from hospitals and on the secondary debt market. RIP targets debt incurred by people facing financial hardship and then forgives it. On average, $1 is leveraged to abolish $100 in medical debt, and every donation through this page will be spent directly on abolishing debt in Texas.
When debt-relief recipients open the yellow envelope from RIP, they are told that their debt has been bought by a third party and erased with no strings attached. They owe nothing on the debt and face no tax penalty. A recent beneficiary wrote us, saying:
“I read my letter over a few times to make sure it was the real thing. Receiving this debt relief renewed my faith that I can get back on track. It jump-started it – that we can do this – I can get back in the game! It’s unheard of what RIP does, and it’s a game changer in the medical world. It’s a game-changer for me.”
— Reagan, Murchison, TX.
Every dollar you contribute is on par with a $100 investment in Texan towns and cities. Money will stay in the community instead of being taken by out-of-state debt collectors. On average, $16 can abolish the medical debt of an entire family, allowing them to invest in a home, schooling, or retirement.
Campaign Support Recipients
- Recent Donations
- Anonymous just donated $53.20
- Dana S. just donated $212
- Theresa F. just donated $751
- Linda D. just donated $58.50
- Anonymous just donated $10.90
- Anonymous just donated $106
- Rebecca B. just donated $106
- Anonymous just donated $58.50
To donate to this campaign by mail, please send a check:
Payable To:
RIP Medical Debt
Address:
RIP Medical Debt
P. O. Box 411675
Boston, MA 02241-1675
Memo Line:
RIP Medical Debt — 10777
- Recent Donations
- Anonymous just donated $53.20
- Dana S. just donated $212
- Theresa F. just donated $751
- Linda D. just donated $58.50
- Anonymous just donated $10.90
- Anonymous just donated $106
- Rebecca B. just donated $106
- Anonymous just donated $58.50
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.
Fundraise for This Campaign
Start a fundraiser to help those in need. Set a personal fundraising goal and track online donations easily with RIP.
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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