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Will New Jersey's $100M medical debt forgiveness program be fully implemented by the end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the New Jersey state government or Governor Phil Murphy's office
Story
NJ Gov. Murphy Forgives $100M in Medical Debt for 50,000 Residents
Aug 20, 2024, 10:37 PM
New Jersey Governor Phil Murphy has announced a significant initiative to forgive $100 million in medical debt, benefiting nearly 50,000 residents. This move is part of a broader effort to alleviate financial burdens on families across the state. The announcement was made on Tuesday, marking one of the largest cases of state-led medical debt relief in the United States. The program aims to provide substantial financial relief to thousands of families, improving their economic stability.
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Legislation to cap medical costs • 25%
Legislation to expand Medicaid • 25%
Debt buyback programs • 25%
Other solutions • 25%
Buying and retiring debt • 25%
Providing direct financial assistance • 25%
Implementing local legislation • 25%
Other methods • 25%
Regulation imposed • 25%
Voluntary fee reduction by company • 25%
Settlement with federal government • 25%
No action taken • 25%
Less than 10 million • 25%
10 million to 15 million • 25%
15 million to 20 million • 25%
More than 20 million • 25%
Yes • 50%
No • 50%
