Strike Debt Abolishes $1.1 Million of Medical Debt

Strike Debt Abolishes $1.1 Million of Medical Debt

Strike Debt Abolishes $1.1 Million of Medical Debt

Sixty-two percent of all bankruptcies are due to medical debt—and Occupy activists aren’t letting the medical-industrial complex get away with it.

Copy Link
Facebook
X (Twitter)
Bluesky
Pocket
Email


(All photos by Allison Kilkenny)

Strike Debt, a group that emerged from the Occupy Wall Street movement, has planned a week of actions in multiple cities across the country to mark the abolition of $1.1 million in medical debt belonging to 1,064 people as part of the “Rolling Jubilee” project.

While that may already seem like a huge number, Strike Debt claims it’s only getting started and ultimately hopes to abolish around twenty times what they raised, which would be nearly $12 million.

“What we do is buy debt for pennies on the dollar,” Jacques, a member of Strike Debt, explained to activists gathered at Bryant Park on Thursday evening. “And instead of collecting on it like the debt collectors, we basically abolish it. We’re here today because we purchased over one million dollars of medical debt from over a thousand people in Kentucky and Indiana who had emergency room debt.” (A full report of the purchased debt can be found at the Rolling Jubilee’s transparency site.)

In order to kick off the “Life or Debt” week of action, protesters planned a medical bankruptcy tour to the various health insurance companies who Strike Debt sees as being exploitive of the sick and vulnerable by using insurance payments to fatten the wallets of the companies’ CEOs instead of using that money for actual healthcare.

Paused before Aetna’s offices on Park Avenue, an activist announced to the group that Aetna’s CEO Mark Bertolini received over $10 million in total compensation last year, which is around 300 times the average worker’s pay.

A woman named Jamie spoke in front of Aetna’s office about how she wrote a letter to Bertolini after being denied coverage by the company due to a chronic work industry.

“I was frightened and heartbroken,” Jamie said. “I just couldn’t believe it. How could someone in charge of care turn their back on someone in unrelenting pain?”

Jamie’s letter was returned, unopened.

At the front of the procession, Strike Debt activists carried a banner that read “62% of all bankruptcies are due to medical debt.”

Another activist carried a sign: “Medical bills: death by spreadsheet.”

In front of the insurance giant CIGNA, a protester recounted the death of 17-year-old Natalie Sarkisyan, who died after having her liver transplant surgery first denied and then later delayed by the company.

In 2007, Natalie’s mother addressed a crowd of supporters in front of CIGNA’s Philadelphia headquarters.

“CIGNA killed my daughter,” Nataline’s mother Hilda told security. “I want an apology.” Sarkisyan was not able to speak to [CIGNA CEO] Hanway; a communications specialist talked to her instead. After their conversation, employees heckled the group from a balcony; one man gave them the finger. CIGNA called the police and had the family and their friends escorted from the building.

A CIGNA executive later apologized for the incident in a letter about a month later.

Over the weekend, Strike Debt activists have planned a free health fair and march to highlight hospital closings. The march will feature sites like the closed St. Vincent’s community hospital, which will enjoy a “second life” as the site of luxury condos priced between $1.4 and $8.2 million. The tour will be followed by free legal advice and health care at Judson Church. On Saturday, practitioners will also be on call to answer medical questions at Strike Debt’s website.

“These debts are literally killing patients, students, providers and communities,” the group states at its website. “They deepen the already entrenched inequalities that divide races, classes, and genders. Our healthcare system doesn’t make us well; it prolongs our illnesses in the name of profit.”

In Los Angeles, homeless vets are fighting for a place to sleep. Read Jon Wiener’s take in the April 8 issue of The Nation.

Support independent journalism that does not fall in line

Even before February 28, the reasons for Donald Trump’s imploding approval rating were abundantly clear: untrammeled corruption and personal enrichment to the tune of billions of dollars during an affordability crisis, a foreign policy guided only by his own derelict sense of morality, and the deployment of a murderous campaign of occupation, detention, and deportation on American streets. 

Now an undeclared, unauthorized, unpopular, and unconstitutional war of aggression against Iran has spread like wildfire through the region and into Europe. A new “forever war”—with an ever-increasing likelihood of American troops on the ground—may very well be upon us.  

As we’ve seen over and over, this administration uses lies, misdirection, and attempts to flood the zone to justify its abuses of power at home and abroad. Just as Trump, Marco Rubio, and Pete Hegseth offer erratic and contradictory rationales for the attacks on Iran, the administration is also spreading the lie that the upcoming midterm elections are under threat from noncitizens on voter rolls. When these lies go unchecked, they become the basis for further authoritarian encroachment and war. 

In these dark times, independent journalism is uniquely able to uncover the falsehoods that threaten our republic—and civilians around the world—and shine a bright light on the truth. 

The Nation’s experienced team of writers, editors, and fact-checkers understands the scale of what we’re up against and the urgency with which we have to act. That’s why we’re publishing critical reporting and analysis of the war on Iran, ICE violence at home, new forms of voter suppression emerging in the courts, and much more. 

But this journalism is possible only with your support.

This March, The Nation needs to raise $50,000 to ensure that we have the resources for reporting and analysis that sets the record straight and empowers people of conscience to organize. Will you donate today?

Ad Policy
x