Ky. Gov. Beshear to Relieve $250 Million in Medical Debt for More than 130,000 Kentuckians
The program will automatically erase qualifying bills for more than 130,000 residents, with the first round expected to forgive up to $100 million.
- On Tuesday, Democratic Kentucky Gov. Andy Beshear signed an executive order establishing the Team Kentucky Medical Debt Relief Program, directing $2.5 million to erase $250 million in medical debt for more than 130,000 residents.
- The state partnered with Undue Medical Debt, a national nonprofit that purchases medical debt at a discount. Beshear stated, "Medical debt isn't a choice," emphasizing the burden that cripples families for years.
- Residents do not need to apply; the nonprofit identifies eligible Kentuckians earning at or below 400% of the federal poverty level. Notification letters will go out to the first 46,000 qualified recipients starting next week.
- Beshear redirected $2.5 million from housing funds, arguing improved credit scores will facilitate homeownership. Sen. Robby Mills, R-Henderson, told the Lantern the redirection "wasn't the intent of the legislature in that appropriation."
- The initiative turns every $1 of state funding into $100 of debt relief, targeting a national crisis where roughly 7% of Americans carry catastrophic medical debt, according to Forbes, impacting financial stability and homeownership prospects.
21 Articles
21 Articles
Hoptown Chronicle
kentuckylantern.comBeshear directs state money to nonprofit to forgive medical debt for Kentuckians
Gov. Andy Beshear is redirecting $2.5 million in state housing funds to erase an estimated $250 million in medical debt for more than 130,000 Kentuckians, a move one Republican lawmaker says was not what legislators intended.
hazard-herald.com
Floyd Chronicle & TimesBeshear: $250M in medical debt to be relieved for more than 130,000 Kentuckians
Gov. Andy Beshear announced in a statement on Sept. 15 that he has signed an executive order establishing the Team Kentucky Medical Debt Relief Program, which will provide relief to more than 130,000 Kentuckians from $250 million in medical debt.
Beshear announces $250 million in medical debt relief for over 130K Kentuckians - WNKY News 40 Television
FRANKFORT, Ky. – Gov. Andy Beshear is announcing a potentially life-changing opportunity for some Kentuckians impacted by medical debt. On Tuesday, Beshear signed an executive order establishing the Team Kentucky Medical Debt Relief Program, officials say. According to the governor’s office, this will provide relief to more than 130,000 Kentuckians from $250 million in medical debt. “Medical debt isn’t a choice – it’s what people are faced with …
WPKY 103.3 FM - 1580 AM
WKDZ RadioBeshear Announces Team KY Medical Debt Relief Program
Gov. Andy Beshear signed an executive order Tuesday establishing the Team Kentucky Medical Debt Relief Program, which aims to erase $250 million in medical debt for more than 130,000 Kentuckians. The program directs $2.5 million to Undue
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