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:
Nov. 04, 2025
Filed:
May. 05, 2023
The Pnc Financial Services Group, Inc., Pittsburgh, PA (US);
R. Keith Henry, Port Saint Lucie, FL (US);
The PNC Financial Services Group, Inc., Pittsburgh, PA (US);
Abstract
System administers defined contribution employee health insurance plans. Computing nodes of a DLT network are configured to, for each employee that registers a health care plan selection via an online exchange: (i) receive a transaction(s) that includes data indicative of the health care plan selection and personal information; (ii) store, encryptedly, on a distributed ledger of the DLT network, the transaction(s); and (iii) upon receipt of a notice that a health care insurance binder has been issued by a carrier for the plan, remove the certain personal information from the distributed ledger. A bank computer system administers an employer master account for the employer, which account includes a sub-account for each employee. The bank computer system is configured to: receive funds, via the employer, to fund premium payments for employees' plans; and pay the premium payments to the corresponding carriers.