Broad Reach Benefits and CRISP, two New Jersey-based divisions of the Newport Beach-based insurance broker, asked their employees to raise funds to give to non profit RIP Medical Debt. For every $100 of donated funds, RIP Medical Debt forgives $10,000 in medical debt.
The $1.35 million debt erasure is a part of about $19 million in medical debt that has been relieved by Alera Group employees’ fundraising efforts, which began during the 2020 holiday season and remain ongoing. Most recently, Alera Group employees based in Newport Beach announced they had donated money to pay off $2.1 million in medical debt for community members who live at or below 200 percent of the poverty line in Orange County, Calif.
More articles on healthcare finance:
Michael Jordan gives $10M to open medical clinics in North Carolina
Sutter to cut 277 jobs, mostly in IT
10 hospitals seeking CFOs
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
