Method and system for processing and recording the transactions

Details Method and system for processing and recording the transactions Method and system for processing and recording the transactions

1996-01-11

2000-03-28

Poinvil, Frantzy

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Insurance

705 1, G06F 1900

Patent

active

060443529

ABSTRACT:
Method and system for processing transactional data and monitoring funds invested in money market mutual funds for use in the purchase of health insurance policies and the payment of medical expenses. The method and system permits the establishment of a medical savings account for payment of medical/health insurance premiums and medical/health expenses not covered by the insurance and the efficient record keeping and income production from money not fully utilized for insurance or spent for medical/health services and products.

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