The State of North Carolina Takes a Stand Against Medical Debt
Breaking Free from the Burden of Unpaid Medical Bills
According to ABC11, The government of North Carolina wants to help people who owe a lot of money for medical bills. They are offering a deal to hospitals to help people get out of debt. Hospitals that agree to this deal will get more money from the government.
Under this plan, hospitals will forgive debt for people who are already getting Medicaid and for people who make less than a certain amount of money each year. They will also give discounts to people who make less than a certain amount of money and charge lower interest rates on medical debt.
A New Era of Debt Relief: How the Plan Can Help Millions
This plan can help 2 million people in North Carolina get rid of $4 billion in debt. It’s a long-term solution, not just a one-time fix. The government hopes that if they approve this plan, hospitals will agree to it and start helping people get out of debt in 2025 and 2026.
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