Payment programs for healthcare plans
OwnerSarah E. Harrison, Jason S. Jagatic +2inventors
InventorsSarah E. Harrison, Jason S. Jagatic, Dana J. Klaboe, Leigh R. Malnati
Life of this patent
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Abstract
The invention is a computer-implemented method and system to facilitate a purchase utilizing a tax-advantaged account. A request for payment for an item is received from a requester. A determination is made whether the item qualifies for pre-tax treatment. If the item qualifies for pre-tax treatment at least a partial payment amount for the item is determined. The tax-advantaged account is debited for at least a portion of the purchasing amount of the item based on the payment authorization; and the at least partial payment amount for the item is transmitted to an account of the requestor.
Claims20
A method comprising:
- linking, using a computing device, an existing transaction instrument, associated with a non tax-advantaged account, to a tax-advantaged account;
- receiving, using the computing device, a request, initiated by a use of the transaction instrument, for payment of a purchase;
- determining, using the computing device, whether the purchase qualifies for pre-tax treatment;
- and
- in response to a determination that the purchase qualifies for pre-tax treatment:
- determining, using the computing device, at least a partial payment amount to be paid from the tax-advantaged account,
- initiating, using the computing device, a debit of the tax-advantaged account, and
- transmitting, using the computing device, the at least the partial payment.
An article of manufacture including a tangible computer readable medium having instructions stored thereon, execution of which by a computing device causes the computing device to perform operations comprising:
- linking an existing transaction instrument, associated with a non tax-advantaged account, to a tax-advantaged account;
- receiving, a request, initiated by a use of the transaction instrument, for payment of a purchase;
- determining whether the purchase qualifies for pre-tax treatment;
- and
- in response to a determination that the purchase qualifies for pre-tax treatment:
- determining at least a partial payment amount to be paid from the tax-advantaged account,
- initiating a debit of the tax-advantaged account, and
- transmitting the at least the partial payment amount.
A system comprising:
- a processor;
- and
- a memory storing instructions, execution of which by a computing device causes the computing device to perform operations comprising:
- linking an existing transaction instrument, associated with a non tax-advantaged account, to a tax-advantaged account;
- receiving, a request, initiated by a use of the transaction instrument, for payment of a purchase;
- determining whether the purchase qualifies for pre-tax treatment;
- and
- in response to a determination that the purchase qualifies for pre-tax treatment:
- determining at least a partial payment amount to be paid from the tax-advantaged account,
- initiating a debit of the tax-advantaged account, and
- transmitting the at least the partial payment amount.
A system comprising:
- means for linking an existing transaction instrument, associated with a non tax-advantaged account, to a tax-advantaged account;
- means for receiving a request, initiated by a use of the transaction instrument, for payment of a purchase;
- means for determining whether the purchase qualifies for pre-tax treatment;
- means for determining, in response to a determination that the purchase qualifies for pre-tax treatment, at least a partial payment amount to be paid from the tax-advantaged account;
- means for initiating, in response to the determination that the purchase qualifies for pre-tax treatment, a debit of the tax-advantaged account;
- and
- means for transmitting, in response to the determination that the purchase qualifies for pre-tax treatment, the at least the partial payment amount.
Dependencies are inferred from the claim text.