SEATTLE–Credit unions in the Seattle area through the Credit Unions for Kids program have committed $1 million toward “uncompensated care” expenses not covered by insurance and virtually unaffordable for families.
The Northwest CU Association quoted Jim Morrell, CEO of Peninsula CU, as observing, “The number one cause of bankruptcy is medical debt. And if we can help families avoid that, and avoid some of the anxieties and stress related to their finances, on behalf of the child who goes through care at Seattle Children’s then we’re really helping the overall health and wellbeing of that child and that family.”
The NWCUA reported that over the past decade Seattle area credit unions have contributed over $1 million to help Seattle Children’s Hospital fulfill a variety of patient and family needs.