Method for accelerated provision of funds for medical insurance using a smart card
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United States of America Patent
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Nov 16, 2004
Issued Date -
N/A
app pub date -
Nov 25, 2002
filing date -
Nov 25, 2002
priority date (Note) -
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status (Latency Note)
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Abstract
The invention is a method for accelerating the provision of funds to a service provider for medical insurance using a smart card by a person obtaining medical insurance coverage from an insurer and obtaining a contract from the service provider, creating a smart card, using the smart card to see if the user is eligible for funds, to see if the medical service is preauthorized, and to see if service provider is preauthorized, transmitting acknowledgment of services from service provider to insurer, transmitting amount from insurer to service provider, transmitting acknowledgement of amount from service provider to insurer, and transferring payment quickly from insurer to service provider.
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