Over 500,000 People See Medical Debt Erased
Summary
More than 500,000 people in Illinois had their medical debt erased thanks to a state program. Illinois Governor JB Pritzker announced the state has cleared $1.1 billion in medical debt to help residents struggling with healthcare costs.Key Facts
- The Illinois Medical Debt Relief Program cleared $1.1 billion in medical debt.
- Over 500,000 people across all 102 counties in Illinois benefited from this relief.
- The average debt erased was over $1,200, with some individuals having up to $300,000 in debt cleared.
- Residents did not need to apply but had to meet income or debt criteria to qualify.
- The program began 15 months ago and initially helped 52,000 residents erase $72 million in debt.
- To qualify, residents had to be at or below 400% of the federal poverty level, or have medical debt equal to 5% or more of their annual income.
- Governor Pritzker aims to increase affordability for Illinois residents in future budget proposals.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.