Method and apparatus for applying customized rating adjustments

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36446403, G07B 1702

Patent

active

054446309

ABSTRACT:
The method for applying rating adjustments includes the storage of transformation data for a number of levels of discount rates which are applied at selected times in accordance with criteria such as time or monetary amounts attained. Each set of transformation data is kept one-to-one with respect to base rate data in respect of a plurality of desired parameters. The method allows changes to be made in the various levels of discounts and surcharges without disturbing other levels. The calculations may be made in real time in a user's system or a final convolution of a rate chart may be accomplished at a data center and quickly downloaded as required to the user's system.

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