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John Oliver bought $15 million in medical debt for $60,000, then erased bills for 9,000 people

Source: Times of India · Oct 18, 2026 20:30 UTC

Emergency center entrance of a hospital in Saratoga Springs, New York — File photo P_R_F / Flickr · CC BY 2.0 · Source

The Quick Take

In June 2016, John Oliver's show made headlines by acquiring nearly $15 million of unpaid medical debt for only $60,000. This debt was funneled through a newly established company aimed at giving it away. Rather than pursuing payments, the debt was assigned to a nonprofit dedicated to alleviating medical debt, drawing attention to critical flaws in the American healthcare system.

Read the full story at Times of India

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