Home
/
RELIGION & LIBERTY ONLINE
/
No, John Oliver Did Not Give Away $15 Million. You Did.
No, John Oliver Did Not Give Away $15 Million. You Did.
Oct 14, 2026 7:50 PM

Have you ever watched HBO’s Last Week Tonight? It’s a show where edian John Oliver reads a teleprompter explaining to Americans what is wrong with our country. It’s also a show where smug, self-satisfied progressives who miss John Stewart can be entertained while thinking they are watching “smart” content.

In reality, Last Week Tonight is frequently one of the dumbest shows on cable (in the sense that watching it makes you less informed about the world). And yet it is almost inescapable if you have an internet connection. Even if you don’t subscribe to HBO you’ll find clips every Monday morning on left-leaning media sites, or someone who wants to feel self-righteous and pseudo-intelligent will slip it into your social media channels.

A prime example is the most recent episode where Oliver takes on the debt collection industry. A representative headline reporting on the show (from a site that should know better) is “Watch: John Oliver just topped Oprah with one of the largest giveaways ever on TV.”

Oliver didn’t top Oprah nor was he involved in one of the largest giveaways ever on TV. The actual amount of money that Oliver gave away wasn’t that significant — $60,000 — but he was able to fool people who don’t know much about economics into thinking he actually gave away $15 million.

I’m not kidding. There are a lot of people this morning who really think a third-tier cable talk show host gave away $15,000,000.

You can watch the clip here. But I warn you it’s crude, simplistic, misleading, overly long, and filled with Oliver’s attempts at what he considers to be “humor.”

We could spend all day parsing the economic fallacies and Nanny State assumptions in the video. Essentially, Oliver thinks that one of the most regulated industries in America simply suffers from a lack of regulation. He also thinks we should pay our debts “when we can” but if we can’t, well, that’s why rich people exist: so that we can redistribute money from the haves to the have-nots.

But let’s set aside plaints and focus on the absurd claim that Oliver “gave away” $15 million.

Here’s how it works: Oliver starts a debt collection business (and is shocked and horrified to find that it’s relatively easy to start a business in America). His pany then buys nearly $15 million dollars of medical debt for less than half a penny on the dollar ($60,000). He then donates the debt to a non-profit that “forgives” medical debt (i.e., refuses to seek collections). Then Oliver claims he “gave away $15 million.”

Not quite.

Oliver says he bought “out of statute” medical debt from Texas. According to Texas law, debt collectors cannot sue individuals in an attempt to collect debts that are more than four years past due. So the debt is essentially uncollectible anyway. Yet Oliver falsely claims that is “medical debt they no longer have to pay.” That is not true — the legal obligation to pay the debt remains even if the statue of limitations has expired.

So how much did Oliver actually give away? Probably less than $60,000.

What Oliver bought was a very strict and limited right to attempt collections on a large amount of debt. Essentially, Oliver bought the right to ask people “Will you pay me what is owed?” and if they say “No, I don’t think I will” he has absolutely no legal recourse. None.

That is why the debt Oliver bought is not worth $15 million — because attempts to collect the debt when people still had a legal obligation to do soalready failed. So how much is the bad debt worth? It’s worth what Oliver could collect.

If Oliver was able to get the 9,000 people on the bad debt list to send a check for $6.67 he might be able to recoup his $60,000 investment. But panies that sold the debt doubted they’d even recoup that trivial amount, which is why they sold the debt at the price they did.

Oliver therefore didn’t give away $15 million; he gave away the right to collect about $60,000 in uncollectible debt. If you think this is semantics ask HBO’s accountants if they’ll be writing off this “$15 million debt” on pany’s tax returns next year.

So what does it matter if Oliver pulls this silly, dishonest stunt? Because it allows him and his viewers to feel better about themselves (“Oliver is so generous, and I’m a good person for supporting him!”) when the reality is that thousands of hospitals and medical businesses are the ones that were hurt when they came up $15 million short of what was owed them.

In 2014, U.S. hospitals provided $42.8 billion in pensated care, representing 5.3 percent of annual hospital expenses. You know who paid for that pensated care? You did. You paid more in higher insurance premiums, higher deductibles, higher taxes, and higher cost of medical care pensate for those who couldn’t — and those who merely wouldn’t — pay what they owed.

The salaries for the nurses and hospital janitors didn’t go away just because John Oliver bought some bad debt. The cost of the electricity to run the heart monitoring machines didn’t disappear either. The $15 million represented actual expenses that have already been paid. That means all of the $15 million of bad debt Oliver bought was already absorbed by the hospitals and passed on to you and other health care consumers.

So when you see a smug Brit on TV tell you he gave away $15 million you can correct his ignorance by responding, “No, you didn’t. We did.”

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Terrorists and your valentine have more in common than you think
What may seem a bizarre polarity—terrorism and dating—actually speaks to the calculations we all make when investing not just our money but our very selves into any activity. Read More… Economics is the study of human action; it’s the study of individuals making choices. As a result, we can use the “economic way of thinking” to understand the decisions people make when es to all types of behavior, including dating and marriage, Spring break and Vegas vacations, and, yes, even...
House of Gucci is Ridley Scott’s “Basta!” to the commercialization of art
Starring Lady Gaga, Adam Driver, and Al Pacino, this mockery of elites as little more than decadent mafiosi may grab some Oscar nods, but The Godfather it isn’t. Read More… My first Oscars essay presented Wes Anderson, the Hollywood dandy’s Francophilia, The French Dispatch, and gentle criticism of liberal intellectual pretense. The 2022 Oscar contenders also include an examination of American Italophilia—veteran Ridley Scott’s House of Gucci, as full of today’s stars as Anderson’s movies are of yesteryear’s. Lady Gaga...
Ilya Shapiro’s ill-worded tweet and the crying game
When a Georgetown law mented on the relative merits of a potential SCOTUS pick, all hell broke loose. Black students demanded a form of “reparations” in response, including a room to “cry.” Have we reached peak “white guilt” yet? Read More… Ilya Shapiro, a Russian émigré, a serious scholar of the American Constitution, and formerly of the libertarian Cato Institute until he was scheduled on February 1 to begin running Georgetown’s Center for the Constitution, has found himself in a...
Why we need more O’Rourke Conservatives
The 74-year-old former National Lampooner and conservative humorist has died and left behind a wealth of mentary and good feeling, even among those who did not share his politics. No small legacy. Read More… So by now you’ve heard that P.J. O’Rourke, journalist, essayist, and, of course, humorist, has died at the age of 74. Those who knew him and those who read him have been pouring out ia like so much best-for-last wine. John Podhoretz shared a lovely personal...
What message does NBC’s Olympics coverage send?
The network admits that diplomacy will not dissuade the CCP mitting atrocities against its people—but why assist in promoting a veneer of normalcy? Read More… The media world is not a principled one, and its decisions are often not moral in nature. Standards of coverage are rarely dictated by the metric of right versus wrong but by popular versus unpopular—determined more by what’s likely to attract viewership than what certain subsets of the viewing public may deem the right thing...
A year after coup, Burmese people continue to resist brutal military rule
February 1 marked the one-year anniversary of the military coup that has seen widespread chaos and destruction in Burma. Nevertheless, a younger generation continues to fight for democratic ideals against terrible odds. Read More… A year ago Burma’s military staged a coup.The juntahas since killed at least 1,500 people and detained another 12,000, of whom nearly 9,000 remain in custody. A couple thousand sought by the regime are in hiding. TheUnited Nations estimatesthat 2,200 civilian homes and other buildings have...
Modesty for thee but not for me: Brian Sauvé, Beth Moore, and Ephesians 4
A recent Twitter engagement on the subject of Christian women and modesty is the perfect jumping off point for a larger discussion of what it means to be modest, and obsessed. Read More… For those of us who have dealt pulsive behavior or addiction in our families or our own lives, there are clues—perhaps too seemingly unrelated for some to notice—that tip us off that someone might be engaged in an internal battle. Everyone remembers the Jimmy Swaggart saga. Once...
Reply to The New York Times: Online worship is still worship
A Lutheran pastor takes issue with a recent Times essay declaring that online religious services should end. But what does it mean to be church? And what does it mean to worship the God es to us wherever we are? Read More… I love watching men’s college basketball. Three e to mind that I’m so thankful to have seen on TV—Chris Jenkins’ buzzer beater to lift Villanova over North Carolina in 2016, Christian Laettner’s dagger to catapult Duke past Kentucky...
Is The Lost Daughter this generation’s A Doll’s House?
A fine performance by Olivia Colman and a Euro-style directorial debut by Maggie Gyllenhaal have garnered rave reviews, but this film about a mother abandoning her children is amazing in ways that should give pause. Read More… In Henrik Ibsen’s seminal play A Doll’s House, protagonist Nora Helmer, a hitherto devoted wife and mother, walks out on her husband and their three children, significantly slamming the door behind her in the last scene. The idea of a mother leaving her...
Joe Rogan is not a problem, but a mirror
The controversial podcaster has e a lightning rod for those who don’t want to be associated with unvetted ideas expressed by either him or his guests. Yet those ideas may not be novel as much as reflective of what the silent majority is already thinking. Read More… The Joe Rogan Experience is one of the world’s most popular podcasts and, for the past two weeks, the world’s most controversial. Launched in 2009 edian and martial arts enthusiast Joe Rogan, the...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved