A New York woman who died Sunday from cancer has raised enough money to erase million of dollars in medical debt with a posthumous plea for help. Casey McIntyre told followers in a social media message posted by her husband that she had arranged to buy the medical debt of others and destroy it as a way of celebrating her life.

RIP, goodhearted woman.

America, if you’d vote for change, this wouldn’t be necessary. The US is the only developed country where this is commonplace.

  • Akasazh@feddit.nl
    6·
    1 year ago

    How do the economics work if one dollar can erase one hundred dollars of debt? Somehow profit is still made?

    • GiddyGap@lemm.eeOP
      15·
      1 year ago

      You can buy medical debt at a fraction of the face value. That’s how these predatory debt collection companies make money.

      • Akasazh@feddit.nl
        5·
        1 year ago

        What’s stopping people buying of their own debt? And why is money still being made?

        • dependencyinjection
          8·
          1 year ago

          You buy it in bundles. John Oliver did a segment if you want more information on the practice.