Park Chapel's Hope Accomplished
YOU DID IT PARK CHAPEL!
Our gift of $20,000 will eliminate $2M worth of debt for Hancock County families thanks to the negotiations of RIP Medical Debt and your willingness to give generously. This gift allows families to have new hope for a brighter future that means no more collection calls, less financial hardship, and possibly the ability to gain new employment or make future plans to own a home.
Why is Park Chapel so excited?
Our hope is to change the direction of these lives of our neighbors in Hancock County who are not even expecting this!
RIP Medical will notify the recipients of our gift that Park Chapel has helped them restore hope for their families and their future. We can immediately impact the well-being of our community.
Let's all pray and claim Romans 15:13
May the God of hope fill you with all joy and peace as you trust in him, so that you may overflow with hope by the power of the Holy Spirit.
What is RIP Medical Debt?
Once we’ve pinpointed the portfolios for those in or near the poverty level, we buy up their debt and forgive it. Then we send forgiveness notices to the benefiting families, and subsequently help the recipients repair their credit reports—renewing their access to opportunities and resources that will allow them to rebuild and recover.
Because of the work of RIP Medical Debt we can turn 2% of the total medical debt into 100% payoff for these families. God’s math at work!
LEARN MORE about RIP Medical Debt.
What’s the problem?
42.9 million Americans have unpaid medical debt which has an adverse impact on patients, physicians and hospitals.
Nearly ⅔ of US adults age 65 and younger have medical bills or debt, went without needed care because of costs and were uninsured/underinsured for a time.
Who is eligible?
Beneficiaries in Hancock County:
Make less than 2 times the federal poverty level ($12,760 x2 = $25,520)
Have more than 5% of annual income going to out-of-pocket medical expenses
May be insolvent, with debts greater than assets