It seems so obvious: Relieve people of medical debt burdens and their mental health and financial profiles will improve.
Well, that isn’t always the case, according to a study released April 8 by economists who worked with RIP Medical Debt, the field’s leading nonprofit. (Founded in 2014 by two former collections industry executives, RIP rose to national prominence on a 2016 episode of HBO’s “Last Week Tonight” with John Oliver in which RIP facilitated the abolishment of $15M in medical debt.)
A study released April 8 raises questions about the impact on debtors of medical debt relief.
“The Effects of Medical Debt Relief” found that, on average, medical debt relief had no impact on mental health among…
