UPDATE: we nuked $1.1 million in medical debt

Remember this project from last November?

Well, for those who like closure:

Y’all did it!

Just before Xmas we closed out the project, having raised a bit more than $10,000 with your help. The end result was the abolition of $1,114,133.50 in shitty medical debt, freeing 2,006 Michiganders across 17 counties from one more dumb late-stage capitalism headache:

Bummed that you missed out on this project? Then I have excellent news:

You and your pals can start your own! The folks at RIP Medical Debt are super sweet and helpful, and it’s a blast.

I want that to be the takeaway here: there are plenty of religious and moral and political and ethical reasons to work on a project like this, but I still believe the best reason to do it is that it is fun. Every day, multiple times each day, it would occur to me: We’re going to nuke a million dollars of medical debt. And just that thought, that a bunch of us regular folk going about our regular lives could do just a little something more and move such a big goddamn rock—it’d make me laugh. It literally tickled me, that notion. And it worked! And that cracks me up, every time it comes to mind.

Good job, all! When you start your project and need a little dough to nuke a little bad medical debt, hit me up.

$10 will erase $1000 of Medical Debt in Michigan RIGHT NOW! 💸

We are facing a lot of terrifying problems right now: climate disaster, civil unrest, labor injustice, opioid abuse, the profusion of hate and extremism.

Most problems cannot be solved by throwing money at them. Medical debt is one that can.

I’m collaborating on a project to erase $1 million of medical debt in Michigan.

Fortunately, because of the way this debt is bundled, it’s possible to buy it extremely cheaply on the open market, for just a penny on the dollar (i.e., $1 buys $100 of bundled medical debt). If bill collectors buy that debt, they will hound the debtor for the full value of the debt, even though they only paid 1/100th of that.

But if we buy the debt, we can just forgive it and clear the books for someone who had some bad luck and didn’t have the insurance to cover it.

Incidentally, in Michigan this burden hits Black communities especially hard; buying and erasing debt here is thus a “Good Deed twofer”: one donation relieves a family’s economic woes AND strikes a blow for racial and economic justice.

A bunch of you have already given (we’re over 76% of the way to our goal!), and that’s amaaaaazing! The more you give, the more we can forgive. THANK YOU!

Eliminate Medical Debt in Michigan TODAY!