Trae Young Helps Erase $1M In Medical Debt For 570 People In Atlanta
Trae Young is being praised today, and rightfully so.
The Atlanta Hawks guard partnered with RIP Medical Debt to help erase over $1 million worth of past-due medical debts for Atlanta area residents, according to WSBTV.
“The city of Atlanta has welcomed me with open arms,” Young said. “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.”
“RIP Medical is a 501(c)(3) nonprofit started in 2014 by two former debt collectors that uses donated funds to purchase portfolios of bundled medical debt on the secondary debt market for pennies on the dollar.
It specifically buys accounts for those most in need (individuals: two times or below the federal poverty level, insolvent and/or with debts that are five percent or more of gross annual income).”
He donated $10,000 through his organization, the Trae Young Foundation.
The charitable act helped abolish an average debt of $1,858 for 570 people.