Pre-Grant Publication Number: 20090055227
Filing Date: October 30, 2008
Inventors: Thomas L. Bakos
Assignee(s): Pro se
Current U.S. Classification: 705, 705/004000
View Prior Art for Claim 00003
The method of Claim 1 wherein a Risk Assessment Company (RAC) creates the Risk Profile Data Base (RPDB) by soliciting and accepting individual subscribers who maintain current health information in said RPDB and categorizes said individual subscribers as:active if said individual subscribers routinely update their information in said RPDB by following standards prescribed by said RAC wherein said update might consist of, for example, completing a routine physical exam and posting such results to said RPDB;inactive if said individual subscribers do not follow standards established by the RAC for updating information in said RPDB. Annotations(0)
Patent/Application # 20020087364
This system enables an insurance company to underwrite an insurance policy based on relevant insurability information…for potential customers by accessing the system…. Insurability information includes medical records, medical claims that are typically maintained and accessed from a healthcare provider or other third party databases and other information provided by potential-customers. System retrieves and utilizes this information to produce an underwriting score or value…...The score is computed based on a formula that takes into consideration the importance of the information in determining mortality risk, and is subsequently used in determining whether or not to underwrite the policy and corresponding price.
Title Crump Launches Policy Application Summarization and Underwriting Services Through New Risk
Crump Life Insurance Services, a leading wholesale distributor of
insurance products in the United States, has launched Risk
Righter(TM), a new service that supplies summarization and electronic
delivery of life insurance policy application medical files and
associated documents to support the new business process.