Connecticut is the first state to provide relief for health care debt. The state is canceling around 650-million dollars in medical debt for an estimated quarter million residents this year. Governor Ned Lamont said it would free residents of “the cloud” over their heads and give them breathing room to be able to buy a home, pay for an education or start a business. Lamont called medical debt spending residents have “no control over.” He said “it’s not like you overspent. You get hit by a health care calamity.” Those who have medical debt equaling at least five-percent or more of their annual income or who whose household income is less than 125-thousand dollars are eligible.
***Courtesy of Total Traffic News***