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Community Development Events

Debt in Texas: Medical Debt and Its Impact on Household Financial Security

Virtual

Hosted by the Federal Reserve Bank of Dallas and Asset Funders Network

For years, Texas has had the highest uninsured rate in the country. Once the COVID-19 pandemic hit, many Texans lost health insurance when they were laid off from their jobs. The combination of a devastating public health event, the widespread loss of work, and the already-large share of uninsured people has created a perfect storm for medical debt. This event will convene funders, hospital system representatives, state and local policymakers, and community organizations that work on medical debt. Together, we will identify the scope of the problem as well as steps we can collectively take to address it.

  1. Medical Debt Impact and Prevention (Video)
    • Wednesday, March 24, 10–11:30 a.m.
  2. The Impact of Medical Debt Billing Practices (Video)
    • Thursday, March 25, 10–11:30 a.m.

Agendas

Day 1: Medical Debt Impact and Prevention

10:00 a.m.

Introduction and Welcome
Roy C. Lopez, Federal Reserve Bank of Dallas

10:05 a.m.

Medical Debt 101
Laura Berlind, Sycamore Institute
Velvet Bryant, Annie E. Casey Foundation (interviewer)
Signe-Mary McKernan, Urban Institute

10:30 a.m.

Lived Experience of Medical Debt: The Impact
Faith in Texas Member Spotlight

10:35 a.m.

Impact of Medical Debt on Household Behavior
Anna Crockett, Federal Reserve Bank of Dallas

10:40 a.m.

Panel Session: Prevention of Medical Debt
Roy C. Lopez, Federal Reserve Bank of Dallas (moderator)
Jonathan Lewis, Every Texan
Elena Marks, Episcopal Health Foundation
Mike Norby, Harris Health System

11:20 a.m.

Lived Experience of Medical Debt: Prevention
Faith in Texas Member Spotlight

11:25 a.m.

Closing: Summary and Preview of Next Session
Anna Crockett, Federal Reserve Bank of Dallas

Day 2: The Impact of Medical Debt Billing Practices

10:00 a.m.

Introduction and Recap
Dena L. Jackson, Texas Women’s Foundation

10:05 a.m.

Lived Experience of Medical Debt: Billing Practices
Faith in Texas Member Spotlight

10:20 a.m.

Medical Debt in the Courtroom
Joe Antolin, Asset Funders Network (interviewer)
Alexander McVeagh, General Sessions Court Judge,
Hamilton County (Tennessee)

10:40 a.m.

Investable Strategies for Debt Relief
Yvette Ruiz, JPMorgan Chase & Co. (moderator)
Craig Antico, RIP Medical Debt
Elizabeth Colvin, RAISE Texas
Isabel Rodriguez, Capital Good Fund

11:15 a.m.

Holding Healthcare Facilities to a Higher Standard
Will Bruhn, Restoring Medicine

11:25 a.m.

Closing: Takeaways and Next Steps
Joe Antolin, Asset Funders Network

This series is made possible in part with support from the Annie E. Casey Foundation, Charles Schwab Bank, Communities Foundation of Texas, JPMorgan Chase & Co. and Texas Women’s Foundation. Thank you to contributing partner Every Texan.

Sponsors

For More Information

Contact Anna Crockett with any questions.