In this year that has been like no other, SIG, an Alera Group has chosen to make a special holiday gift in honor of our clients.
For 2020, instead of typical holiday gifts, our firm has paid it forward in the community by making a donation to help pay off medical debt for individuals and families across the country.
This is part of an effort by Alera Group firms nationwide to help families in crisis.
Alera worked directly with the debt-forgiveness nonprofit, RIP Medical Debt, to identify individuals and families with outstanding healthcare-related bills in more than 200 cities located in 35 counties across the country. Founded by two former debt collectors, RIP is able to purchase medical debts for those most in need in bundled portfolios for a fraction of their face value. One dollar donated relieves $100 of medical debt on average. You can visit www.ripmedicaldebt.org for more information.
This is a topic that is near and dear to our hearts, as it affects families in Maryland and throughout the country. More than 60% of bankruptcies in our nation have medical debt as the root cause.
In this season of giving, we believe this is a most appropriate way to honor both our clients and our community. The total Alera Group goal is to retire over $18 million in medical debt.
Our firm and many of our employees have contributed to this meaningful donation, as the long year of 2020 comes to a close.
Happy Holidays to you, your family and your work family!
