Systems and methods for health care credit transactions
AssigneeStage 5 Innovation, LLC
InventorsAndrew M. Saidel, David K. Rosen
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Abstract
Systems, methods, and computer program media for creating, managing, backing, and transferring health care credits are described. Health care credits may be implemented as freely transferrable financial instruments whose initial value can be based on costs or savings generated by an individual, or by a health care provider, that are associated with a health-related metric or a health benefitting behavior(s).
Claims20
A method, implemented using a computing system, for converting non-transferrable incentive points into freely transferrable health care credits, the method comprising:
- receiving information specifying an amount of the non-transferrable incentive points awarded for a health-related behavior;
- determining, using the computing system, a value of the health-related behavior;
- calculating, using the computing system, an amount of the freely transferrable health care credits that is equivalent to the value of the health-related behavior;
- and
- converting, using the computing system, the non-transferrable incentive points into the amount of the freely transferrable health care credits that was calculated.
A method, implemented using a computing system, for converting non-transferrable incentive points associated with a health-related metric or behavior into freely transferrable health care credits, the method comprising:
- receiving information specifying a quantity of the non-transferrable incentive points associated with an account;
- exchanging, using the computing system, the quantity of the non-transferrable incentive points for an amount of cash;
- purchasing an amount of freely transferrable health care credits using the amount of cash;
- crediting, using the computing system, the amount of freely transferrable health care credits that was purchased to the account.
A method, implemented using a computing system, for converting non-transferrable incentive points into freely transferrable health care credits, the method comprising:
- receiving information specifying an amount of the non-transferrable incentive points associated with a health-related behavior;
- calculating, using the computing system, an amount of the freely transferrable health care credits that is equivalent to the value of the non-transferrable incentive points associated with the health-related behavior;
- and
- converting, using the computing system, the non-transferrable incentive points into the amount of the freely transferrable health care credits that was calculated.
Dependencies are inferred from the claim text.