After realizing the crushing impact medical debts were having on millions of Americans, the men decided to flip their mind-set. “I like doing this much more than I liked doing collecting,” Mr. Antico said. In all, the organization says its donations have forgiven $434 million in medical debt so far, assisting some 250,000 people. That remains only a fraction, though, of the more than $750 billion in past-due medical debt that it says Americans owe. The people, who do not know they have been selected, receive the debt relief as a tax-free gift, and it comes off their credit reports.

Source: New York Times December 05, 2018 19:21 UTC