New Jersey’s Medical Debt Relief Initiative Tops $1.1 Billion Forgiven for Over 776,000 New Jerseyans
TRENTON – Governor Phil Murphy today announced an additional approximately 629,000 New Jersey residents will see a combined $927 million in medical debt retired through the State’s partnership with Undue Medical Debt, bringing total debt forgiven to over $1.1 billion for 776,000 New Jerseyans since August 2024.
By leveraging approximately $5.8 million in American Rescue Plan funds from the State’s investment in medical debt abolishment, Undue has purchased this fourth round of medical debt from RWJBarnabas Health – the State’s largest integrated academic health system – and from the secondary debt market. Over…
