Mayor Adams Cancels $135 Million in Medical Debt for New Yorkers
New York City Mayor Eric Adams announced the cancellation of nearly $135 millionโฃ in medical debt for working-class New Yorkers, a move hailed as the largest municipal medical debt reliefโฃ program in the nation. The debt relief will be administered by theโ non-profit organization Undue Medical Debt, which will directly notify affected residents – no application process is required. This is a one-time program slated too run for three years.
The declaration coincided with the openingโ of eight new NYC Financial Empowerment Centers, operated by the New york City Departmentโฃ of Consumer and Worker protection (DCWP), at various โNYC โHealth + Hospitals locations throughout the โคcity. These centers aim to provide โคresidents with financial โplanning resources to help prevent future medical debt.
NYC Health + Hospitals Vice President and Chief Population โHealth Officer Dr. Nichola โDavis emphasized the link between financial stability and health, stating, “Financial stressors are one of the most common non-medical needs identified by NYC Healthโ + Hospitals patients and there is a close connection between wealth and โขhealth.” She added that bringingโ Financial Empowerment Center services to the health system will equip patients with tools to improve both their financial and physical well-being.
Mayorโข Adams expressed his commitment toโ expanding this initiative, stating his governance will continue working towards a goal of $2 โbillion inโ medical debt relief forโ new Yorkers. “Through the โฃlargest municipal medical โขdebt relief program in the โคnationโ and providing greater access to financial resources, weโค are delivering debtโ relief and peace of mind to New Yorkers across the fiveโ boroughs, asโค we put money back in their pockets and make our city more affordable every โฃday,” Adams said.
Deputy Mayor for Healthโ and Human Services Suzanne Miles-Gustave anticipates further debt relief in the coming months โand years for hundreds of thousands โof additional families. Acting Commissioner of the New York Cityโ Department of Health and Mental Hygiene, Dr. Michelle โMorse, underscored the importance of the program, stating that erasing medical debt is “a necessity โtoโข create a more equitable and affordable system โคso that New yorkersโฃ do not fear financial โฃruin after seeking necessary medical care.”
Newsweek reached out to the mayor’s office and Undue Medical Debt for comment. Individuals with announcements or news for the โฃ Newsweek Health care teamโข can contact them at โฃhealth.care@newsweek.com.