Nonprofit hospitals are under scrutiny due to recent findings from the Lown Institute. These findings reveal that many nonprofit hospitals receive more in tax breaks than they contribute to their communities through programs like charity care. This discrepancy raises critical questions about the accountability and fairness of these institutions. The Lown Institute’s Revelations The Lown […]
Exploring the Roadblocks to Financial Assistance for Medical Bills
Introduction Medical debt is a critical issue in the U.S., with many people unable to afford their hospital bills. Dollar For, a national nonprofit, aims to alleviate this burden by helping patients access charity care. This article explores the journey and roadblocks patients face in obtaining financial assistance, based on a comprehensive survey conducted by […]
CFPB Proposes Banning Medical Bills from Credit Reports
The Consumer Financial Protection Bureau (CFPB) is making a bold move to protect consumers from medical debt. They propose banning medical bills from credit reports to help millions avoid financial hardship from unexpected health expenses. Why This Matters Medical debt is a significant issue in the United States. It affects people’s credit scores and financial […]
Zero to $50 Million in Medical Debt Relief
Last month, Dollar For hit $50 million in medical debt relief! As we celebrate this significant milestone, let’s also take a look back to appreciate where Dollar For started. A Medical Crisis Jared Walker, the founder of Dollar For, was sitting on the couch with his wife when they received devastating news: her aunt had […]
Connecticut Lawmakers Tackle Medical Debt by Improving Charity Care
Connecticut lawmakers are taking significant steps to address the rising issue of medical debt by advocating for improved hospital charity care. In a recent initiative highlighted by Connecticut Inside Investigator, state officials and health advocates are pushing for the passage of House Bill 5320. This proposed legislation aims to simplify the financial assistance application process […]