Company Filing History:
Years Active: 2010-2014
Title: Innovations by Benjamin Slen
Introduction
Benjamin Slen is an accomplished inventor based in Louisville, KY (US), known for his significant contributions to the healthcare industry. With a total of five patents to his name, Slen has developed innovative methods aimed at reducing healthcare costs and improving member engagement.
Latest Patents
One of Slen's latest patents is a method for using financial incentives with member engagement metrics to reduce healthcare claim costs. This system is designed to lower future claims costs through financial incentives tied to member engagement metrics. The plan sets pre-determined targets for member engagement, and claims cost targets for the sponsor are established based on these metrics. If the sponsor meets the engagement targets, they may incur additional fees, while failing to meet the targets could result in reduced administrative fees. Another notable patent is the Pharmacy Personal Care Account, which provides insurance coverage to subscribers. This insurance policy offers allowances for covered expenses and monetary credits for any unused portion, which can be applied to future allowed expenses. This innovative approach aims to streamline pharmacy benefits and medical expenses under the US Internal Revenue Code.
Career Highlights
Slen's career is marked by his role at Humana Inc., where he has been instrumental in developing healthcare solutions that prioritize cost efficiency and member satisfaction. His work has not only contributed to the company's success but has also had a positive impact on the healthcare landscape.
Collaborations
Slen has collaborated with notable colleagues such as Cullen L. Reed and Elizabeth D. Bierbower, further enhancing the innovative environment at Humana Inc. Their combined expertise has led to the development of groundbreaking solutions in the healthcare sector.
Conclusion
Benjamin Slen's innovative patents and contributions to the healthcare industry exemplify his commitment to improving member engagement and reducing costs. His work continues to influence the way healthcare plans are structured and administered, showcasing the importance of innovation in this vital field.