skip to main content
skip to newscasts

Sunday, December 22, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Suspect held after woman set on fire in NY subway car dies; Trump threatens to take back Panama Canal over 'ridiculous' fees; A year of growth for juvenile diversion programs in SD; The ups and downs of combating rural grocery deserts in ND; Report: AZ one of eight Western states that could improve conservation policies.

view newscast page
play newscast audioPlay

Congress passes a last-minute budget stopgap. Trump's second-term tariffs could harm farmers, and future budget cuts could reduce much-needed federal programs.

view newscast page
play newscast audioPlay

Rural folks could soon be shut out of loans for natural disasters if Project 2025 has its way, Taos, New Mexico weighs options for its housing shortage, and the top states providing America's Christmas trees revealed.

Groups Help Erase Medical Debt for 24,000 Arkansans

play audio
Play

Thursday, February 3, 2022   

Philanthropic groups have collaborated to erase more than $35 million in medical debt for Arkansas residents.

Over the last few months, the groups raised money to work with the charity RIP Medical Debt to raise $225,000. RIP Medical Debt purchases debt in large bundled portfolios for a fraction of its face value.

Sarah Kinser, chief program officer of Arkansas Community Foundation - one of the groups that raised funds - said medical debt can cause serious financial stress.

"People who have to service debt that they can't afford may end up having to choose between feeding their family and repaying that debt," said Kinser. "And especially as we've been in a pandemic and people have had unexpected medical costs. We know that debt burden is especially present on everyone's minds."

Some of the groups that helped raise money include Arkansas Asset Funders Network, Arkansas Community Institute, Winthrop Rockefeller Foundation and HOPE Credit Union.

Coalition on Human Needs' Executive Director Deborah Weinstein said while debt relief is a life-changing gesture, it's not solving the long-term problem. She said health-care provisions in Build Back Better could help.

"What would happen is premium savings that have allowed record numbers of people to get health insurance would be continued instead of having them expire," said Weinstein. "If that happens, millions of people will lose insurance and they will be that much more subject to debt."

Diane Standaert - senior vice president for policy and advocacy of HOPE Credit Union - said some policy solutions that can be implemented on state, local and federal levels include increasing consumer protections for debt-collection practices.

"Hospitals or local courts can look at eliminating certain types of debts," said Standaert. "And this has economic benefits, to make sure people are spending their hard-earned money, rather than having that money just siphoned off into a debt cycle that is nearly impossible to escape."

In total, the groups were able to erase the debt of nearly 24,000 Arkansans in all 75 counties.



Disclosure: Coalition on Human Needs contributes to our fund for reporting on Budget Policy & Priorities, Census, Children's Issues, Poverty Issues. If you would like to help support news in the public interest, click here.


get more stories like this via email
more stories
Rocky Casillas Aguirre adds a pop of color to 'Twitch the Flame,' a main character in his comic series which focuses on mental health for kids. (Photo courtesy of Casillas Aguirre)

Health and Wellness

play sound

By Amy Felegy for Arts Midwest.Broadcast version by Mike Moen for Minnesota News Connection reporting for the Arts Midwest-Public News Service Collabo…


Health and Wellness

play sound

With Christmas less than a week away, experts are giving advice on how seniors and the community can fight against social isolation. A United Health …

Environment

play sound

When the Champlain Towers South collapsed in Surfside in 2021 taking 98 lives, it sent shock waves across South Florida. The tragedy has left …


Environment

play sound

Three environmental nonprofits filed suit Wednesday against the California Air Resources Board to oppose the expansion of a program allowing oil and g…

Ithaca, New York, is the first city in the world to commit to electrifying all its buildings. The city is aiming to accomplish the goal by 2030. (Adobe Stock)

Environment

play sound

New York lawmakers are focusing on electrifying municipal buildings. Buildings statewide make up 32% of New York's greenhouse gas emissions and …

Social Issues

play sound

North Dakota is expected to rejoin the debate over whether all school children, regardless of their family income, should have access to no-cost …

Social Issues

play sound

This month, an Arizona grand jury indicted two out-of-state residents for cheating the state's Empowerment Scholarship Account program out of more …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021