Illinois Gov. J.B. Pritzker signed a bill this week that will purchase and forgive medical debt for hundreds of thousands of state residents.
According to the text of HB 5290, known as the Medical Debt Relief Act, the Department of Healthcare and Family Services will establish a pilot program to discharge medical debt for low-income households, providing relief to more than 300,000 state residents.State Sen. Mike Simmons, who sponsored the bill, praised its passage and the relief it will provide to low-income families.
Under the terms of the bill, individuals will qualify for the program if their household income is below 400% of the federal poverty level, or if they possess medical debt amounting to 5% or more of their annual household income.
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