Connecticut has become the first state to announce that it will cancel all medical debt for certain individuals.
Governor Ned Lamont made the announcement on Friday during a segment of Good Morning America, though it remains to be seen how his plans are viable.
Lamont explained that the state of Connecticut would ‘leverage’ $6.5 million in funds in an attempt to cancel $1 billion in debt. How could this even be possible?
Sources explained that Connecticut has partnered with an NGO that buys medical debt and brings the debt down to zero. Again, how is this possible?
Our entire medical system is incredibly corrupt and Covid left no doubts about that, our economy is also built on paper monopoly money.
There was a time in this country when a doctor would come directly to the home and most people could afford to pay in cash, out of pocket. What changed?
Rampant monetary inflation and the introduction of medical insurance schemes have utterly devastated the American people.
Perhaps instead of socialism, we need to tend to the core problems of government-issued money and the massive scam that is medical insurance. Here’s more on the story:
— ABC News (@ABC) February 2, 2024
— Good Morning America (@GMA) February 2, 2024
ABC News broke the story:
Residents whose household income is up to 400% of the federal poverty line (for a family of four, that’s $124,800 annually) or whose medical debt equates to 5% or more of their annual income will be eligible under the program, the state said.
Some 250,000 residents are anticipated to see their medical debt erased with this initial $6.5 million investment, the state said.
One individual remarked: “It is stupid to pay your bills when the government is paying everyone else’s. Connecticut Gov. Lamont says state will be 1st to cancel medical debt for all eligible residents.”
It is stupid to pay your bills when the government is paying everyone else’s. #socialism Connecticut Gov Lamont says state will be 1st to cancel medical debt for all eligible residents
— Stubblefield (@stubblefield999) February 2, 2024
Noble effort, but debt is not ‘cancelled’. Hospitals will be hurt.
And you can’t use $6M to cancel $1B in debt.
Prediction: there will soon be many fewer hospitals in CThttps://t.co/CaJRhjzcQp
— FightFakeNews (@Dalekritzee) February 2, 2024
Fox Business provided this quote from Governor Lamont:
“This is not something they did where they were spending too much money.
This is because they got hit with a medical emergency, and they should not have to suffer twice: first for the illness, then with the debt.”