Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Health care management
Patent
1996-03-22
1999-11-23
Cosimano, Edward R.
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Health care management
364400, 705 1, 705 9, 707104, G06F 1760
Patent
active
059917334
ABSTRACT:
A method and computerized system is disclosed for managing insurance receivable accounts. The method provides a combination of specific automation enablers and unique ruled based decision tools which are used to maximize recovery of the insurance receivable accounts. The method includes automation of collection strategies based in part on an automated decision support tool, for objective evaluation of data relating to any collection related decisions or activities, and a historical data warehouse, for comparison to all other insurance receivable accounts recorded. The computerized system entails a local area network of workstations, database server, file server, input devices, output devices configured by software for accumulating, processing, administering and analyzing premium insurance collection accounts in an automated workflow process environment. The computerized system provides, among other capabilities, for cases processed in-house by collectors, automation respecting scripted dispute handling, on-line payment plan capabilities, electronic data transfer and, collection strategy development, for cases referred to an outside collection agency or attorney, automation respecting facsimile generations, legal strategy development, in-house attorney reviews and monitoring, electronic data transfers to local counsel, evaluation of the next step to be undertaken and, access to a bankruptcy database.
REFERENCES:
patent: 4774664 (1988-09-01), Campbell et al.
patent: 4831526 (1989-05-01), Luchs et al.
patent: 5136502 (1992-08-01), Van Remortel et al
patent: 5191522 (1993-03-01), Bosco et al.
patent: 5359509 (1994-10-01), Little et al.
patent: 5444615 (1995-08-01), Bennett et al.
patent: 5550734 (1996-08-01), Tarter et al.
patent: 5583778 (1996-12-01), Wind
Aleia Alan L.
Bouchard Ruthann S.
Busque Keven J.
Pierce, Jr. Donald R.
Cosimano Edward R.
Hartford Fire Insurance Company
Plevy Arthur L.
LandOfFree
Method and computerized system for managing insurance receivable does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with Method and computerized system for managing insurance receivable, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Method and computerized system for managing insurance receivable will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-1234161