EVALUATING THE SCOPE OF THE MEDICAL DEBT CRISIS

Established in 2014, RIP Medical Debt has eradicated over $5.6 billion in medical debt to date, providing financial and mental relief for over three million people. Despite significant legislative changes like the Affordable Care Act, the national medical debt crisis persists, often destroying the financial stability of America’s most vulnerable communities: the sick, the elderly, and the poor. RIP Medical Debt engaged a Capstone team to provide a comprehensive overview of the medical debt crisis, including extensive research to determine the scope of the crisis, how medical debt is created, why it persists, and who is most impacted. The team conducted a landscape analysis, interviewed key stakeholders, and surveyed existing efforts to decrease medical debt. The final report includes the team’s analysis of the current state of medical debt as well as specific recommendations to guide RIP Medical Debt’s emerging public policy agenda.