John Oliver bought $15 million in medical debt for $60,000, then erased bills for 9,000 people
In June 2016, John Oliver's show made headlines by acquiring nearly $15 million of unpaid medical debt for only $60,000. This debt was funneled through a newly established company aimed at giving it away. Rather than pursuing payments, the debt was assigned to a nonprofit dedicated to alleviating me
The Bharath News1 min readSource: TOI World
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In June 2016, John Oliver's show made headlines by acquiring nearly $15 million of unpaid medical debt for only $60,000. This debt was funneled through a newly established company aimed at giving it away. Rather than pursuing payments, the debt was assigned to a nonprofit dedicated to alleviating medical debt, drawing attention to critical flaws in the American healthcare system.
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