Apparatuses, Systems, and Methods for Health and Wealth Planning
First Claim
1. A method for estimating retirement costs for an individual comprising:
- receiving individual biographic data;
receiving individual healthcare data;
associating, with a processing device, the individual healthcare data with one or more diagnosis related groups;
estimating healthcare costs for each of the one or more diagnosis related groups based on historic healthcare records; and
calculating, with the processing device, total healthcare costs in response to the estimated healthcare costs and the individual biographic data.
1 Assignment
0 Petitions
Accused Products
Abstract
Apparatuses, systems, and methods for estimating retirement costs for an individual are disclosed. The embodiments of this disclosure enable individuals to integrate the projected cost of healthcare into their retirement financial planning Embodiments of methods for estimating retirement costs for an individual may begin by receiving individual biographic data and individual healthcare data. Embodiments of the method may also include associating the individual healthcare data with one or more diagnosis related groups (or episode treatment groups). In some embodiments, the method may include estimating healthcare costs for each of the one or more diagnosis related groups based on historic healthcare records. In some embodiments, the method may further include calculating total healthcare costs in response to the estimated healthcare costs and the individual biographic data.
-
Citations
20 Claims
-
1. A method for estimating retirement costs for an individual comprising:
-
receiving individual biographic data; receiving individual healthcare data; associating, with a processing device, the individual healthcare data with one or more diagnosis related groups; estimating healthcare costs for each of the one or more diagnosis related groups based on historic healthcare records; and calculating, with the processing device, total healthcare costs in response to the estimated healthcare costs and the individual biographic data. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
-
-
10. A system for estimating retirement costs for an individual comprising:
-
a data storage device configured to store individual biographic data and individual healthcare data; a server in communication with data storage device suitably programmed to; associate the individual healthcare data with one or more diagnosis related groups; estimate healthcare costs for each of the one or more diagnosis related groups based on historic healthcare records; and calculate total healthcare costs in response to the estimated healthcare costs and the individual biographic data. - View Dependent Claims (11, 12, 13, 14, 15, 16, 17, 18)
-
-
19. A computer program product comprising a computer readable medium having computer usable program code executable to perform operations for estimating retirement costs for an individual, the operations of the computer program product comprising:
-
receiving individual biographic data; receiving individual healthcare data; associating the individual healthcare data with one or more diagnosis related groups; estimating healthcare costs for each of the one or more diagnosis related groups based on historic healthcare records; and calculating total healthcare costs in response to the estimated healthcare costs and the individual biographic data. - View Dependent Claims (20)
-
Specification