In a significant move to alleviate financial burdens, New Jersey Governor Phil Murphy announced a partnership with Undue Medical Debt and RWJBarnabas Health to erase nearly $930 million in medical debt for approximately 629,000 residents. This initiative targets individuals at or below 400% of the poverty line or those with medical debts equaling 5% of their income. There is no application process for this relief; instead, eligible households will receive a letter from Undue Medical Debt in the coming weeks.
Governor Murphy’s administration has been actively working to address medical debt, marking this as the fourth major debt forgiveness effort in the state. The relief effort is part of a broader strategy to make healthcare more…