Overview
- Mayor Eric Adams announced the multi-year expansion on Oct. 22, adding a one-time relief effort targeting working-class New Yorkers.
- Officials report nearly $135 million in medical debt canceled for more than 75,000 residents since the program launched in 2024.
- The program operates with Undue Medical Debt purchasing eligible portfolios at steep discounts, with no applications or tax penalties for recipients.
- Eligibility applies to households at or below 400% of the Federal Poverty Line or to those whose medical debt equals at least 5% of annual income.
- Eight Financial Empowerment Centers opened at NYC Health + Hospitals sites in four boroughs, and the city projects the investment could translate to over $2 billion in nominal relief over three years.