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:
Apr. 03, 2012
Filed:
Dec. 30, 2008
Robert Yee, San Francisco, CA (US);
Hersh Markusfeld, Mill Valley, CA (US);
Janet M. Soppe, Bedford, TX (US);
Robert Yee, San Francisco, CA (US);
Hersh Markusfeld, Mill Valley, CA (US);
Janet M. Soppe, Bedford, TX (US);
Strategic Health Management Corporation, Larkspur, CA (US);
Abstract
Flexible, varying long term care insurance programs for use as parts of combination long term care products are generated. Input variables such as issue age, targeted present value and year-to-year premium relationship are supplied, as are some members of a set of process variables. A non-supplied process variable is calculated based on the input variables and the supplied process variables. An insurance program based on the supplied variables and the calculated process variable is then generated, such that the premium schedule increases (or alternatively, increases and decreases) over time to at least one leveling point, at which premiums become level. A combination long term care product is produced by coupling the generated insurance program with a life insurance program or annuity.