Establishes a three-year pilot hospital medical debt relief program for eligible New York residents.

The bill establishes a three-year pilot hospital medical debt relief program for eligible New York residents. The program will be administered by a not-for-profit organization contracted by the commissioner. This organization will identify, acquire, and cancel medical debt owed by eligible residents directly from healthcare providers. Eligible residents must meet income criteria or have hospital-based medical debt equal to five percent or more of their household income. The program prioritizes residents with older debts and those in the lowest-income zip codes.

Establishes a three-year pilot hospital medical debt relief program for eligible New York residents.

The bill establishes a three-year pilot hospital medical debt relief program for eligible New York residents. The program will be administered by a not-for-profit organization contracted by the commissioner. This organization will identify, acquire, and cancel medical debt owed by eligible residents directly from healthcare providers. Eligible residents must meet income criteria or have hospital-based medical debt equal to five percent or more of their household income. The program prioritizes residents with older debts and those in the lowest-income zip codes.