news

MacKenzie Scott's Medical Debt Relief Model Exposed

The Philanthropic Band Aid: MacKenzie Scott's Medical Debt Relief Model Exposed MacKenzie Scott, the ex wife of Jeff Bezos, has been instrumental in abolishing over $40 billion in medical debt across the United States.

Her donations to Undue Medical Debt (formerly RIP Medical Debt) have propelled this small non profit into a national force, but beneath the surface lies a complex issue that raises questions about the limitations of philanthropic efforts and the need for policy reform.

Scott's model is deceptively simple: by acquiring bulk portfolios of uncollectible patient debt at discounted rates, Undue Medical Debt erases the debt entirely with donations.

Read the full story

Read on Digst →