North Carolina Hospitals Commit to $4 Billion Medical Debt Relief

Statewide initiative aims to forgive medical debt for 2 million residents, leveraging federal funds to enhance Medicaid support.

All 99 eligible hospitals in North Carolina have agreed to participate in the debt relief program.
The initiative will forgive up to $4 billion in medical debt for low to moderate-income residents.
The program, approved by CMS, targets debts dating back to 2014 and will start on October 1.
Hospitals must partner with organizations to fully implement the relief over the next two years.
Concerns remain about price transparency and markups within the state's hospital system.