Snapchat CEO Evan Spiegel and model Miranda Kerr have erased over $550 million in medical debt for over 260,000 Californians



    Posted by VerySeriousCarrot

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    24 Comments

    1. I know this trend is meant to help people, but I hate that it rewards the predatory collection agencies

    2. Thrawnbelina on

      I don’t know anything about these 2 (aside from Miranda used to be married to Legol- err Orlando Bloom) or Snapchat; so I’m going to simply appreciate what they did. How awesome for the recipients and their families! I wish more wealthy people would do the same instead of buying a 10th yacht or a Senator.

    3. Very generous of them but very dystopian societally. I don’t get how people and organizations can just buy up medical debt for pennies on the dollar. Can’t we just cut out the middle man?? No one should have medical debt in the first place.

    4. Incredible. those numbers are ridiculous
      …. 260,000 people equal $550 MILLION in debt. Our medical system is so predatory.

    5. Ill_Outcome_9001 on

      Is there a catch or is this honest to goodness philanthropy? Forgive me for being jaded but I just can’t tell anymore these days.

    6. longlisten527 on

      I just had my medical debt of nearly 3k cleared from a NPO that does this last year 😭 I thought it was a hoax at first LMAO but also I’m like?? How do they even access that info LOL

      Edit: changed company to NPO lol

    7. Lemmyisthenewreddit on

      So sad that this is even necessary. What a fucked up country this is.

    8. blahblahblah1234_ on

      As someone who isn’t American, this is so bizarre and sad. How can the government be okay with this? It’s shocking.

    9. Amazing and shows what rich people could be doing instead of blowing up space ships and being racist.

    10. That’s cool but can I not pay money to keep pictures on my snapchat? Please don’t charge me on that

    11. Big respect to them for doing this, but for that money could they not set up some sort of political lobby to change the systemic reason for the debt existing in the first place? $550m would go a long way to swaying that opinion in Congress. It is a national disgrace that thats the way it works but gotta play the game

    12. notbarbarawalters on

      I feel like the reality this highlights is too grim to savor the accomplishment.

    13. Key_Comfortable1764 on

      Maybe they donated to Undue Medical debt and that helps- they did not donate 550 million of their personal wealth. Its great to help but imo, headline is misleading.

      looked into it
      further. The original article says they helped to erase this much. They did make a multi million dollar donation, as they should with their amount of money.