Just a roundabout way of saying someone else is paying.

I'm not saying there is a discount (well, there are with grants like Pell). I'm saying the government offers loans to 18 year olds that no private bank will offer outside of our current financial aid system. It has created a student loan crisis so bad the government is now forgiving loans...effectively creating a discount.

Because any 18 year old can and will sign up for any amount of government backed loans for college, colleges simply inflate their prices because they have no shortage of customers.

Yes debt for CT citizens should be corrected and cured🤔

So what is stopping you?

$106k job and waiting for the right plot of land in NH to pop up. I have nothing but time

> a nonprofit that purchases medical debt at a fraction of its original cost, then forgives borrowers.

In other words, these 'debts' have already been written off by the healthcare providers. They were then put out on the open market for bottom-feeders to bid for the right to extort payments from people who may or may not actually owe any money.

This is the "greatest country in the world"? Really?

Not really. For college, student loans and aid pay for tuition and fees at a $1:$1 ratio. There’s no discount.

This is “forcing” hospitals to negotiate perhaps $2 Billion in debt down to $20 Million. It’s a bargain.

Loll what are you waiting for

>I'm not rich. I just work. And pay my bills. And do my best to get ahead.

• Literally everyone.

The wins just keep coming in for Lamont

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Hey there unfunded pension liabilities. You just sit there growing even more massive.

Yeah i dont go down south much but i visited my friends in Peachtree City, GA and its almost like a college campus there lol. Everything just seems so "plastic". I asked where there was a deli to get a sub and they looked at me funny lol. Just didnt feel like a place I'd ever be able to call home.

Not exactly. The debt is often sold off immediately to another company for pennies the original cost. You, as the new owner of the debt, can either collect it or forgive it.

John Oliver did exactly this year's ago.

The way we pay for Healthcare is fucking ridiculous, and let's face it, it's pretty ghoulish companies profiting off of people's illnesses.

Hey I'm all for that too. Literally anything than the corporate greed infested healthcare system we have now.

I mean.. the goverment could move to a single payer universal healthcare system, like the rest of the industrial world.. then they can set the prices.

anyone here want to pay my mortgage while we’re at it?

Under the proposal, which Lamont plans to include in his upcoming biennial budget, the state would partner with a nonprofit that purchases medical debt at a fraction of its original cost, then forgives borrowers.

Officials say the initiative would use funds from the federal American Rescue Plan. Residents would not have to apply and would simply receive notification that their medical debt has been forgiven.

This will create the same issue we have with high college prices. The government subsidizes the bill rather than attacking the inflated medical costs/greed which only makes healthcare CEOs more rich and kicks the problem down the road.

We saw the same thing happen with the government subsidized college loans/grants.

I'm all for loan forgiveness actually, as long as the root causes are also being addressed simultaneously.

Never thought I'd live in a place I hate more than CT, but 2 years in Mass proved me wrong.

Lived here 32 of the 35 years I've been alive and can't wait to leave.

Yeah bills of any kind don't just get "erased". They just get reassigned to those who didn't incur them.

So, can I get all the money back that, like a responsible citizen, I paid in medical bills over the years? Or does all this tax money just go to people who didnt bother?

I'm not rich. I just work. And pay my bills. And do my best to get ahead.

> Gov. Ned Lamont unveiled a plan Thursday to pay down as much as $2 billion in medical debt for Connecticut residents using $20 million in federal relief fund.

Not sure how that math works. Plans like this scare me because the cost tends to just get pushed to the taxpayer. I already pay an obscene amount for my own medical insurance and high deductible. How about Lamont put together a bill requiring lower deductibles for all healthcare plans and require full coverage after it is met. None of this "we pay 80% of your hospital visit after the deductible bs."

I also need an explanation as to how these hospitals can bill over $1000 for a COVID PCR test.

Not sure if you follow Ron from Ron’s bikes on instagram. He is certainly a character but big in the bike packing world and now that he and his wife run a bike tire business and bike bag business they have settled in hadlyme. I would try messaging Ron @ultradynamico or @ronsbikes on insta. Each October he runs a bike backing meet up called the New England Nor Easter that draws people from out of state so I bet he has some recommendations for ya.