Six things to know:
1. The Los Angeles County Medical Debt Relief Program will initially eliminate $500 million in debt through a $5 million investment by purchasing low-income residents’ medical debt for “pennies on the dollar,” according to a Dec. 16 news release.
2. The Medical Debt Coalition is leading efforts to eliminate $2 billion in debt, with hospitals such as Adventist Health White Memorial Hospital working with the nonprofit Undue Medical Debt to forgive qualifying debt.
3. The Los Angeles County Medical Association has contributed funds to relieve $1 million in debt, while L.A. Care Health Plan has contributed $2 million.
4. Qualifying debts include past-due medical bills for county residents earning up to 400% of the federal poverty line, the release said.
5. Approximately one in 10 adults — or about 785,000 residents — in Los Angeles County are affected by medical debt.
6. Medical debt in Los Angeles County exceeded $2.9 billion in 2022, according to the release.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
