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John Oliver bought $15M in medical debt for $60k, then erased it

In June 2016, John Oliver's show made headlines by acquiring nearly $15 million of unpaid medical debt for only $60,000. This debt was funneled through a newly established company aimed at giving it away. Rather than pursuing payments, the debt was assigned to a nonprofit dedicated to alleviating medical debt, drawing attention to critical flaws in the American healthcare system.

John Oliver bought $15M in medical debt for $60k, then erased it

We haven't written up this one. Times of India has the full story — the link below goes straight to it.

Read the original at timesofindia.indiatimes.com →

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