Patient
Healthcare Affordable Repayment Plans, or HARP, help patients protect their credit while paying off medical expenses. Our long term financing options and low interest rates give families a more affordable option to pay medical bills.
If you have already opted into the repayment plan through your hospital, then you can pay your bill online at any time here.
If you are still looking at whether to join this option with your hospital, understand the benefits and process for joining.
How to Opt into HARP:
1
Contact your hospital to see if they are a HARP customer
2
If they are a HARP customer they will explain your options if you’re unable to immediately pay your medical bill.
3
If you request a long-term repayment plan your hospital will send you a HARP Welcome Kit. Enclosed will be legal disclosures and coupon payment booklets.
4
Sign paperwork and return before due date.
5
Make timely payments online, over the phone, or by mail.
Benefits:
- Protects your credit
- Account isn’t placed in bad debt collection
- Extra time to pay off medical bills
- Low interest rate
Loan Calculator
Third Party Repayment Calculator provided for demonstration purposes only by Financial-Calculators.com
HARP Representatives will provide actual Repayment Plan documents to patient in mail upon provider request
Using the calculator is straight forward. User enters a “loan amount”, “number of months”, “annual interest rate”. The calculator calculates the number of monthly payments.
The “Payment Method” determines when the first payment is due. With the default selection, “End-of-Period”, the first payment will be due one month after the loan is made. If “Start-of-Period” is selected, then the first payment will be due on the loan date.
The term (duration) of the loan is expressed as a number of months.
- 60 months = 5 years
- 120 months = 10 years
- 180 months = 15 years
- 240 months = 20 years
- 360 months = 30 years
Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/loan-calculator
Currency and Date Conventions
All calculators will remember your choice. You may also change it at any time.
Clicking “Save changes” will cause the calculator to reload. Your edits will be lost.
*Understand if your hospital has given you this option, you must accept it or pay the bill by the original due date. Otherwise, the offer will be canceled and your account will be placed in bad debt collection.