Los Angeles County announced its $2 billion Medical Debt Relief Program aimed at helping low-income residents settle past-due bills.

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Los Angeles County announced its $2 billion Medical Debt Relief Program aimed at helping low-income residents settle past-due bills. Lesley Marin reports.

The Los Angeles County Department of Public Health launched its Medical Debt Relief Program, an initiative aimed to eliminate such debt that disproportionately affects vulnerable communities. County officials said the program will initially eliminate $500 million in debt by using a $5 million investment to purchase medical debt for pennies on the dollar for low-income residents.

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Due to a new pilot program, an estimated 150,000 residents across L.A. County will soon have their medical debt cleared, and thousands more will be notified in the coming month of similar news.