Way to kick off the new year!
NBA player Trae Young, took care of over $1 million worth of medical debt for Atlanta city residents, Essence reports.
The Atlanta Hawks star partnered with the organization RIP Medical Debt to help out Atlanta residents who were behind on healthcare bills that they couldn’t afford to pay back. The organization, which started in 2014, runs off of donations, which they then use to buy large bundles of medical debt, forgiving that debt with no tax consequence to donors or recipients. Since its inception, RIP Medical Debt has forgiven over $1 billion in healthcare debt and helped over 500,000 families.
Young partnered with the organization to help out locals, forgiving $1,059,286.39 worth of medical debt in total. All in all, about 570 people received about $2,000 in relief. Young issued a statement about his good deeds saying, “Giving back to this community is extremely important to me. I hope these families can find a bit of relief knowing that their bills have been taken care of as we enter the New Year.”
According to RIP Medical Debt, "66% of all US bankruptcies are related to medical debt issues, 25% of all credit card debt is medical debt and every day 79 million Americans have to choose between paying their medical bills and affording basic needs like food and shelter."
The 21-year-old basketball player took to Twitter to thank everyone who helped make the partnership happen saying, “Blessed to have such a Great Team around me to help me make this happen!! For the A.”
Thank you Trae for all you’re doing! Keep showing everyone the importance of giving back!
Photo Courtesy of @traeyoung/Instagram