The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Mar. 02, 2021
Filed:
Dec. 23, 2016
Aetna Inc., Hartford, CT (US);
William R. Jones, Cromwell, CT (US);
Gaurav Sharma, Wilton, CT (US);
Faisal Khan, Fishkill, NY (US);
Hualiang Li, New Britain, CT (US);
Yue Xiao, West Hartford, CT (US);
Jingran Li, New Britain, CT (US);
Jamal Timsah, Grand Prairie, TX (US);
Ryan T. Berns, Southbury, CT (US);
Sanjeev Bollam, Hartford, CT (US);
Radhika G. Athalye, Sunnyvale, CA (US);
Aetna Inc., Hartford, CT (US);
Abstract
Embodiments of the disclosure provide a system and method of allocating a resource based on myriad input data. In some embodiments, the myriad input data include membership information, claims data, transactional data, etc. The myriad input data are sorted and organized in a meaningful association relationship before applied to a resource allocation modeling algorithm. The resource allocation modeling algorithm provides estimated resource necessary for the application chosen. For example, an insurance company may use membership information, claims data, transactional data, etc., to estimate how much reserves or funds it should hold to cover future claims within a certain timeframe.