Hawaii SB3025 establishes a medical debt acquisition and forgiveness program for residents with certain income levels or debt burdens.

Hawaii SB3025 creates a medical debt acquisition and forgiveness program to address the issue of unpaid medical debt. The program will acquire and forgive medical debt for individuals with household incomes at or below 400% of the federal poverty level or those with medical debt equal to or exceeding 5% of their income. The Office of Wellness and Resilience will manage the program, starting with the $91 million in debt already acquired by a nonprofit organization. The bill also mandates a report to the legislature on the program's progress and related actions in other states.

Hawaii SB3025 establishes a medical debt acquisition and forgiveness program for residents with certain income levels or debt burdens.

Hawaii SB3025 creates a medical debt acquisition and forgiveness program to address the issue of unpaid medical debt. The program will acquire and forgive medical debt for individuals with household incomes at or below 400% of the federal poverty level or those with medical debt equal to or exceeding 5% of their income. The Office of Wellness and Resilience will manage the program, starting with the $91 million in debt already acquired by a nonprofit organization. The bill also mandates a report to the legislature on the program's progress and related actions in other states.