ABC News

Manhattan skyline

New York City plans to wipe out $2 billion in medical debt for 500,000 residents

The city is working with RIP Medical Debt, a nonprofit that buys medical debt in bulk from hospitals and debt collectors for pennies on the dollar. The group targets the debt of people with low incomes or financial hardships and then forgives the amounts. Under the program, the city will spend $18 million over three years.

New York City plans to wipe out $2 billion in medical debt for 500,000 residents More

Person receiving shot in the arm

Cancer vaccine with minimal side effects nearing Phase 3 clinical trials

The vaccine- developed by Dr. Thomas Wagner of U.S.-based Orbis Health Solutions – has already been tested in hundreds of patients with advanced forms of melanoma in Phase 2 clinical trials. The most recent data showed nearly 95% of people given only the vaccine were still alive three years after starting treatment and 64% were still disease-free. Among the most advanced forms of melanoma, disease-free survival after three years for people with stage III disease was 60% in the vaccine-only group, compared to about 39% in the placebo group.

Cancer vaccine with minimal side effects nearing Phase 3 clinical trials More