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US 2016/0078543 A1Published application
Modeling expenses based on demographics and occurrence of events
AssigneeADP, Inc.
InventorBenjamin J. DZIUBA
Life of this patent
Estimating the term…
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AssigneeADP, Inc.
InventorBenjamin J. DZIUBA
Estimating the term…
Systems and methods of modeling expenses based on demographic information are disclosed. The method of modeling medical insurance expenses is implemented by a computer system. The method includes determining an initial estimate of a contribution cost to a consumer for a plurality of offered medical insurance plans based on demographic information associated with the consumer. The method further includes launching the consumer to an estimator tool which displays values associated with different scenarios initially based on the demographic information. The method further includes recalculating the initial estimate of the contribution cost of the plurality of offered medical insurance plans based on adjusted values of one or more of the different scenarios, as adjusted by the consumer. The method further includes displaying, as an updated estimate contribution cost, the recalculated initial estimate of the contribution cost to the consumer for each of the offered medical insurance plans.
A method of modeling medical insurance expenses implemented by a computer system, comprising:
A computer system for generating estimate contribution costs for medical insurance, comprising:
A computer program product comprising computer readable program instructions stored on non-transitory computer readable storage medium, the computer readable program instructions causing a computing device to:
Dependencies are inferred from the claim text.