Medical Debt
Nobody should go bankrupt for going to the doctor.
Vermonters pay more for healthcare than almost anywhere else in the country. A recent study showed Vermonters spending nearly 20% of their annual income on healthcare alone – a burden that has made education more expensive, closed hospitals, and shut too many people out from basic medical care. Vermont doesn’t have time to wait for Washington to solve it.
Medical debt is one of the cruelest traps in American life. In the richest country in the world, nobody should go bankrupt for going to the doctor. That’s why Mike’s office proposed and passed the purchase of $100 million in medical debt held by Vermonters with a one-time investment of just $1 million.
