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INSURANCE CLAIM PAYMENT CARD SYSTEM

  • US 20120239439A1
  • Filed: 05/31/2012
  • Published: 09/20/2012
  • Est. Priority Date: 08/15/2001
  • Status: Active Grant
First Claim
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1. A method for facilitating the disbursement of claim payments, comprising the steps of:

  • (a) receiving from an insurance provider a request to issue a bill-on-redemption card account loaded with a value corresponding to at least a portion of a dollar value of a claim;

    (b) issuing a bill-on-redemption card account loaded with a value corresponding to at least a portion of said dollar value of the claim;

    (c) receiving purchase information relating to a purchase, wherein the purchase is made using a card associated with the bill-on-redemption card account, and wherein the purchase information includes a purchase price, and;

    (d) deducting at least a portion of the purchase price from the value in the bill-on-redemption card account.

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