New program could erase medical debt for thousands of Vermonters [Video]

VERMONT TREASURER MIKE PIECIAK INTRODUCING A NEW PROGRAM — TO RELIEVE YOUR HE’S ASKING THE STATE TO PARTNER WITH THE NON-PROFIT “UNDUE MEDICAL DEBT”. IT USES DONATIONS TO BUY AND áERASE MEDICAL DEBT. PIECIAK SAYS A 1 MILLION DOLLAR INVESTMENT FROM HIS OFFICE WOULD EQUATE TO 100 MILLION DOLLARS IN RELIEF. AND THE TREASURER SAYS HIS OFFICE ALREADY HAS THE MONEY. SO IT WOULDN’T COST THE STATE OR TAXPAYERS ANYTHING. THE PROGRAM WOULD BE FOR HOUSEHOLDS AT OR BELOW 400 PERCENT OF THE FEDERAL POVERTY LINE. OR THAT OWE MEDICAL DEBT EXCEEDING 5 PERCENT THEIR INCOME. <the program is automatic there’s no need for people to apply no forms no hassle i view this as government working at its best. The proposal’s a direct investment in people helping give vermonters freedom to invest in their families their homes and future