METHODS AND SYSTEMS OF INSURING FERTILITY CARE LIFESTYLE AFFAIRS

• US 20100049554A1
• Filed: 08/22/2009
• Published: 02/25/2010
• Est. Priority Date: 08/22/2008
• Status: Abandoned Application

• Current Assignee: Rachel Ann Mcconnell, Salaheldin Eltigani Abdelgadir
• Original Assignee: Rachel Ann Mcconnell, Salaheldin Eltigani Abdelgadir
• Inventors: McConnell, Rachel Ann, Abdelgadir, Salaheldin Eltigani
• Application Number:
  US12/545,818
• Publication Number:
  US 20100049554A1
• Time in Patent Office: Days
• US Class Current: 705/4
• CPC Class Codes: G06Q 40/08 Insurance

Abstract

Beneficiaries are registered by an insurance provider for an insurance coverage policy for fertility diagnosis and treatable infertility conditions using either manual or online registration applications over a communications network. Using, knowledge base systems, prospective beneficiary personal descriptor information is matched with terms and conditions information preloaded into the insurance company computer system to generate a customized contract for delivery of infertility treatment services to different categories of beneficiaries. Beneficiaries may range in age from newborn infants up to adults. However, infertility treatment services are not provided either until the beneficiaries reach childbearing age or until the policies of adult beneficiaries vest over a designated time period. Adults can purchase infertility insurance naming their infant child as beneficiary and pay premiums over time until the child reaches childbearing age. Once the child reaches childbearing age, the insurance policy can be utilized by the beneficiary or can be transferred.

Claims

1. A method of providing an insurance policy for treatable infertility, implemented in a computer executable program code residing in a storage medium communicatively coupled to a processor when executed by the processor, the program code causes the processor to perform the method comprising:

initiating by the processor the computer executable program code of the method of providing the insurance policy for treatable infertility;

providing a submission format over a communications network;

pre-negotiating diagnosis and treatment terms over the communication network;

receiving and storing pre-negotiated diagnosis and treatment terms in a dynamic repository;

contracting with a plurality of physicians for performing infertility treatment on a plurality of beneficiaries;

registering a plurality of individuals seeking to participate in the insurance policy for treatable infertility conditions;

storing, in the dynamic repository, personal descriptor data, of the plurality of individuals seeking to participate in the insurance policy for fertility diagnosis and treatable infertility conditions;

determining, in a first determining operation, by the processor, when matching exists between fecundability of the plurality of individuals seeking to participate in the insurance policy for treatable infertility conditions, the plurality of categories of fertility insurance and personal descriptor data of the plurality of individuals seeking to participate in the insurance policy for fertility diagnosis and treatable infertility conditions, wherein when matching of categories of fertility insurance and personal descriptor data is not determined, the computer executable program code causes the processor to continue registering the plurality of beneficiaries and storing additional personal descriptor data in the dynamic repository, wherein the first determining operation includes using a plurality of categories of fertility insurance for the plurality of beneficiaries, and using a knowledge base system, executing one or more algorithms and formulas including a formula obtaining a summation probability of conception (F) by calculating a summation of the probability of conceiving for month 1;

added to a function of a probability of conceiving multiplied by a probability of failing to conceive in month 2;

added to a function of the probability of conceiving multiplied by a probability of failing to conceive in month 3;

added to the function of the probability of conceiving multiplied by a probability of failing to conceive in month N;

wherein the formula obtaining a summation probability of conception (F) is characterized as;

Σ

f+fx(1−

f)+(1−

f)²+fx(1−

f)^N-1

wherein “

f”

is Fecundability, and is the probability of conceiving for month 1;

wherein “

fx”

is a function of “

f”

for a short period of time;

wherein “

1−

f”

is a probability of failing to conceive in a menstrual cycle;

wherein “

fx(1−

f)² is the probability of conceiving for month 3; and

wherein “

fx(1−

f)^N-1”

, is the probability of conceiving for month N;

negotiating, in a second determining operation, based on actuarial tables an age of a beneficiary by one of the processor and an agent of an insurance provider using the processor, infertility treatment and payment terms and conditions with one of the plurality of beneficiaries and an agent and a promissor of any one of the plurality of beneficiaries, when matching of categories of fertility insurance and personal descriptor data is determined in the second determining operation, wherein when negotiating beneficiary treatment and payment terms and conditions are not determined in the second determining operation, the computer executable program code causes the processor to further determine, in the first determining operation, one of whether matching of categories of fertility insurance and personal descriptors exists and further registering beneficiaries and storing personal descriptor data and further determining in the second determining operation, negotiating beneficiary treatment and payment terms;

accepting a contract for the insurance policy for treatable infertility conditions, when negotiating beneficiary treatment and payment terms are determined in the second determining operation; and

coordinating, over the communications network, providing fertility diagnosis and infertility treatment to the plurality of beneficiaries by any one or more of the plurality of physicians in a network of infertility treatment providers, wherein coordinating includes collecting payment from the patient and coordinating payment to the physician performing the infertility treatment, and wherein a beneficiary of the plurality of beneficiaries is an infant, upon contracting with a plurality of physicians for performing fertility diagnosis and infertility treatment, and receive benefit of the insurance policy for fertility diagnosis and treatable infertility only when the insurance policy for fertility diagnosis and treatable infertility vests and the beneficiary who is the infant reaches an age of majority.