Debt Jubilee Project

09/28/2026

Private equity firms now own 447 hospitals, many in rural areas. A bipartisan U.S. Senate Budget Committee investigation reviewed more than a million internal documents, concluded that private-equity firms “extracted huge profits from hospitals, while increasing their debt and allowing patient care and safety to decline,”

While private equity’s ownership of hospitals may earn millions for their investors, they have put patients, communities and providers at risk.

09/23/2026

Even among those with private coverage, medical debt stemming from both hospital visits and routine care looms large over about a third of U.S. adults, according to a nationally representative Commonwealth Fund survey.

The thinktank reviewed over 4,100 survey responses from adults with continuous employer, Affordable Care Act marketplace, or individual market coverage, as well as focus groups with 45 participants.

Even among those with private coverage, medical debt stemming from both hospital visits and routine care looms large over about a third of U.S. | Nearly two thirds said their debt stemmed from hospital care, though many pointed to several accumulating bills rather than a single high-cost procedure f...

09/02/2026

It’s NOT the salary of physicians that are making the cost of healthcare go up. It is bloat and profit margins in insurance.

09/02/2026

It was a nail-biter -- BUT WE DID IT! Thanks to a flurry of last-minute donations, we raised almost $16,000, which will be used to buy - and forgive - past-due medical debts owed by our neighbors in Davie, Forsyth, and Guilford counties. In a few weeks after the auction is complete, we will announce exactly how much debt we were able to forgive.

This is the only industrialized nation where medical debt is the major cause of bankruptcy. What we are doing is nothing but a bandaid, it doesn't fix the underlying problem. But in the meantime, it means that for these people, debts are forgiven and removed from credit reports -- so that it won't impact buying a car, renting and apartment, or getting a job.

08/31/2026

Today is the last day of our summer campaign! Please consider making a gift before 5 pm. Not only does every dollar go directly to buy past-due medical debt, each dollar buys about $100 worth of debt. This is a super-practical way to help our neighbors.

08/28/2026

We are 60% to our $15K goal for this summer campaign, with only four days to go! Can you make a donation to directly buy (and forgive!) a neighbor's past-due medical debt? Every dollar is used to buy actual medical debt, and each dollar buys about $100 in debt. Share this with friends!

08/11/2026

Help us help our neighbors! Our summer campaign is lagging behind, we need your help NOW to be able to reach our goal, which would buy and forgive the past-due medical debts in Forsyth & Davie Counties. only if we reach toward our CHALLENGE GOAL will we be able to abolish the debts in Guilford County. The campaign ends on August 30 -- can you help?

We want to relieve crippling medical debt in North Carolina!!  Over half the personal bankruptcies in the US are caused by medical debt.1  An unexpected medical problem, a short stay in the ICU, an accident, can all result in massive medical bills – even after insurance or Medicare.  More ...

08/11/2026

https://ysph.yale.edu/news-article/yale-study-more-than-335000-lives-could-have-been-saved-during-pandemic-if-us-had-universal-health-care/

If the U.S. had had a single-payer universal health care system in 2020, nearly 212,000 American lives would have been saved that year, according to a new study

07/31/2026

We're at it again -- looking to wipe out medical debt in Forsyth, Davie, and Guilford counties in North Carolina. Your gift makes a huge impact - every dime goes directly to purchase medical debt, and every penny buys about a dollar! Help us relieve this burden borne by our neighbors.

We want to relieve crippling medical debt in North Carolina!!  Over half the personal bankruptcies in the US are caused by medical debt.1  An unexpected medical problem, a short stay in the ICU, an accident, can all result in massive medical bills – even after insurance or Medicare.  More ...

06/16/2026

Why does a life-saving pill that costs 25¢ to make cost $1,000?

When I was diagnosed with cancer, I set out to understand why a single pill of Revlimid cost the same as a new iPhone. I’ve covered high drug prices as a reporter for years. What I discovered shocked even me.