MONTPELIER — A bill that passed unanimously through both state chambers this spring will erase up to $100 million in medical debt and is now beginning to be implemented.
S.27 will primarily aid low- and moderate-income Vermonters, targeting debt over 18 months-old and be managed by the non-profit partner Undue Medical Debt. Due to high healthcare costs and in light of the feds’ recent slashes to Medicaid, this state legislation comes aptly-timed.
It could help around 76,500 Vermonters with a one-time $1 million investment to relieve existing debt — and, it will prevent all medical debt in the future…