LogFAQs > #979189811

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TopicDemocrat Governors are buying up medical debt to cancel it.
lydiaquayle
03/04/24 8:11:50 PM
#16:


Does buying up debt mean that the government is paying full price from health providers?
I have concerns that canceling debt is only putting more tax money into the hands of service providers who over-charge for basically anything medically related.

If however, we are getting a deal on the debt -- such as buying up debt at 50 cents off the dollar, then this is something that's worth supporting as cost-efficient.

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