How Financial Stress Relates to Suicide

Research has shown that people who experience stress from financial issues and debt are 20 times more likely to attempt suicide than those who do not experience this type of stress. What’s more, financial hardship is, unfortunately, a common problem. In one study, over 50% of the participants reported having two or more financial stressors.…

the policy fixes that could help

Highly indebted African countries are facing stark trade-offs between servicing expensive debt, supporting high and growing development needs, and stabilising domestic currencies. Government debt has risen in at least 40 African countries over the past decade. As a result, some are experiencing a bad combination of high debt, elevated development spending needs amid budget shortfalls,…

CMS Approves North Carolina’s Plan to Use Medicaid Funds for Medical Debt Relief for North Carolinians | King & Spalding

On July 26, 2024, CMS approved the plan of North Carolina Governor Roy Cooper and the North Carolina Department of Health and Human Services (NCDHHS) to use North Carolina’s Medicaid program to increase reimbursements to hospitals that forgive medical debts. The program would relieve as much as $4 billion in existing medical debt for families…