Watch CBS News

Connecticut Gov. Ned Lamont proposes canceling overdue medical debt

Connecticut Gov. Ned Lamont proposes canceling overdue medical debt
Connecticut Gov. Ned Lamont proposes canceling overdue medical debt 00:29

HARTFORD, Conn. -- Connecticut residents struggling with medical debt could soon get some relief.

Thursday, Gov. Ned Lamont announced a proposal to cancel overdue medical debt.

He's calling for the state to invest $20 million in federal COVID recovery funding from the American Rescue Plan Act.

He wants to use those funds to contract with a nonprofit that buys medical debt and eliminates it at a fraction of the cost.

The governor estimates it could save residents about $2 billion.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.