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Spiegel, Kerr Erase $550M Medical Debt for 260K Californians

6/26/2026

39 6 Full Breakdown

Summary

Story summary

Evan Spiegel and Miranda Kerr's gift will erase $550 million in medical debt for more than 260 000 Californians.
In California, the donation supplies about $99 million for 40 369 San Diego residents and $26.7 million for 17 466 Los Angeles residents.
Undue Medical Debt, which has erased over $40 billion nationwide, buys bundled debt cheaply so that each $10 contribution eliminates roughly $1 000 for qualifying households.

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Story summary

Evan Spiegel and Miranda Kerr's gift will erase $550 million in medical debt for more than 260 000 Californians.
In California, the donation supplies about $99 million for 40 369 San Diego residents and $26.7 million for 17 466 Los Angeles residents.
Undue Medical Debt, which has erased over $40 billion nationwide, buys bundled debt cheaply so that each $10 contribution eliminates roughly $1 000 for qualifying households.