Pharmacy personal care account

US8265956B2 · kind B2 · utility

Assignee

• Humana Inc. · US

Inventors

• Benjamin E. Slen · Louisville, US
• Cullen L. Reed · Louisville, US
• Elizabeth D. Bierbower · Wellesley, US
• Maureen M. Kinser · Louisville, US
• Jonathan T. Lord · Louisville, US
• Sandra L. Bartel · Untergruppenbach, DE

Key dates

• Filing date: Feb 28, 2012
• Grant date: Sep 11, 2012
• Expiry date: Feb 28, 2032

Classification

• Technology area (CPC G): Physics
• CPC primary: G16H40/67
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method for providing insurance coverage to a subscriber comprises offering an insurance policy to the subscriber wherein the insurance policy comprises providing allowances to pay for one or more expenses covered by the insurance policy and providing monetary credits to the subscriber for any unused portion of a given allowance where the monetary credits can be used to cover the cost of a subsequent allowed expense. The insurance policy may be a pharmacy benefits plan. The covered expenses may be pharmacy expenses. The allowed expenses may be medical expenses which qualify under Section 213 of the US Internal Revenue Code for payment by an employer without the subscriber having to declare the payment as taxable income.