METHOD AND SYSTEM FOR ANALYZING COSTS TO A PLAN MEMBER UNDER MEDICARE
First Claim
1. A method of analyzing the cost of prescription drugs comprising the steps of:
- receiving personal information data from a user;
preparing a template by inputting the personal information data;
obtaining prescription drug formulary information from a plurality of prescription drug plans;
inserting the prescription drug formulary information into the template;
creating a spreadsheet for each healthcare provider containing the personal information data and the prescription drug formulary information; and
analyzing the spreadsheets to compare the prescription drug plans.
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Accused Products
Abstract
A method for facilitating an easy and practical detailed analysis of Medicare Part D plans that saves the user time in calculating what a single plan costs by analyzing and presenting data regarding actual and estimated drug costs under various healthcare plans and features. A list of prescription drugs likely to be used in the coming year is prepared, including dosage and frequency of use on a personalized template. Information is added to the forms generated from the template, including plan name, prices for initial coverage, and yearly fee and deductible, for each plan. The spreadsheets are analyzed to compare plans. The effect on yearly cost of options such as home delivery, non-formulary drug suppliers domestic and foreign, which local drugstores, and other health decisions may be taken into consideration. Experts may then be consulted on ways to save money without losing any health benefits.
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Citations
19 Claims
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1. A method of analyzing the cost of prescription drugs comprising the steps of:
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receiving personal information data from a user; preparing a template by inputting the personal information data; obtaining prescription drug formulary information from a plurality of prescription drug plans; inserting the prescription drug formulary information into the template; creating a spreadsheet for each healthcare provider containing the personal information data and the prescription drug formulary information; and analyzing the spreadsheets to compare the prescription drug plans. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A method of analyzing the cost of prescription drugs comprising the steps of:
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receiving personal information data from a user; preparing a template by inputting the personal information data using a computer system; obtaining prescription drug formulary information from a plurality of prescription drug plans; inserting the prescription drug formulary information into the template; using the computer system to create a spreadsheet for each healthcare provider containing the personal information data and the prescription drug formulary information; and analyzing the spreadsheets to compare the prescription drug plans.
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11. A system for analyzing the cost of prescription drugs comprising:
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a means for receiving personal information data from a user; a means for preparing a template by inputting the personal information data; a means for obtaining prescription drug formulary information from a plurality of prescription drug plans; a means for inserting the prescription drug formulary information into the template; a means for creating a spreadsheet for each healthcare provider containing the personal information data and the prescription drug formulary information; and a means for analyzing the spreadsheets to compare the prescription drug plans. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18, 19)
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Specification