The nonprofit organization, Undue Medical Debt’s mission is purchasing medical debt and retiring it for the benefit of millions of Americans saddled with medical debt. The firm partners with hospitals, local governments, debt collectors and donors to buy medical debt for pennies on the dollar. In its latest endeavor, the organization has arranged with a large debt trader to buy $30 billion worth of debt for 20 million Americans
Category: Devon Herrick
NYT: Families Increasingly Want Cameras to Monitor Nursing Home Residents
Many of my neighbors have Ring doorbell cameras to monitor the comings and goings of people around their property. Increasingly people with loved ones in nursing homes are installing cameras to monitor the care of their family members.
Tariffs Could Boost Drug Prices, and Cause Some Shortages
Price discrimination makes many of the brand name drugs Americans buy more expensive than need be. Another federal action that runs the risk of driving up the drug costs is tariffs.
NYT: Health Care is Not Affordable for Many Americans
The cost of living has skyrocketed since the Covid-19 Pandemic. Some goods and services have risen in cost more than others. Cage-free eggs are about $0.50 apiece, while beef prices are near record highs. New cars are so expensive it’s hard to imagine how people can afford them. Then there is health care. Medical prices have been rising at about three times the rate of consumer inflation for as long as anyone can remember.