US2006111934A1PendingUtilityA1

Virtual share exchange apparatus and method

53
Individually held — no corporate assignee on recordPriority: Nov 8, 2004Filed: Nov 8, 2004Published: May 25, 2006
Est. expiryNov 8, 2024(expired)· nominal 20-yr term from priority
Inventors:Anthony F. Meggs
G06Q 40/08G06Q 10/10G06Q 20/40
53
PatentIndex Score
0
Cited by
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References
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Claims

Abstract

A method and apparatus that includes a method and apparatus for pooling resources into a common fund such that the risk benefit is held low by assigning rating to the individual members as well as allowing people with similar characteristic or profiles to participate in the pool.

Claims

exact text as granted — not AI-modified
1 . A method for sharing resources among a group of individuals in a processor based system in order to create a stronger risk pool, comprising: 
 providing data relating to a first member of the group;    providing data relating to a second member of the group;    receiving a request for a benefit from the first member; and    assigning a portion of the request to a second member.    
     
     
         2 . The method as in  claim 1 , further comprising assigning a health rating to the first member based on health data submitted by the first member.  
     
     
         3 . The method as in  claim 1 , further comprising assigning a benefit rating to the first member based on the data submitted by the first member.  
     
     
         4 . The method as in  claim 1 , further comprising determining an eligible benefit for the first member based upon the benefit rating.  
     
     
         5 . The method as in  claim 1 , further comprising determining an eligible benefit rating based upon the health rating.  
     
     
         6 . The method as in  claim 2 , further comprising determining assigning a benefit rating to the first member based on the data submitted by the first member and determining an eligible benefit from the request based upon the health rating and the benefit rating.  
     
     
         7 . The method as in  claim 1 , further comprising determining the eligible needs of the group.  
     
     
         8 . The method as in  claim 1 , further comprising determining a share rating for the first member.  
     
     
         9 . The method as in  claim 5 , wherein the share rating is calculated by the dividing the total shares submitted in dollars of the first member into the total share requests in dollars of the first member.  
     
     
         10 . The method as in  claim 1 , wherein the data of the first member is selected from the group consisting of name, dependents, age, sex, religious domination, height, weight and body mass index (BMI).  
     
     
         11 . The method as in  claim 1 , further comprising processing a transaction initiated by the second member to satisfy the portion the assigned request.  
     
     
         12 . The method as in  claim 11 , wherein the step of processing of the transaction is accomplished by debiting or crediting an account.  
     
     
         13 . The method as in  claim 12 , wherein the account is a bank account.  
     
     
         14 . The method as in  claim 1 , wherein the system is available through a computer network.  
     
     
         15 . The method as in  claim 14 . wherein the computer network is the Internet.  
     
     
         16 . The method as in  claim 14 , wherein the computer network is a local area network or a wide area network.  
     
     
         17 . The method as in  claim 14 , wherein the system is configured to permit the individuals of the group to login into the system.  
     
     
         18 . The method as in  claim 14 , wherein the system is configured to allow the individuals to view an overview of share requests, need posting, share posting and exchange posting.  
     
     
         19 . The method as in  claim 1 , determining a deductible level for the first member.  
     
     
         20 . The method as in  claim 19 , wherein the deductible level is based upon the data provided by the first member.  
     
     
         21 . A system for allocating resources among a group of individuals in a processor based system in order to create a stronger risk pool, comprising: 
 means for providing data relating to a first member of the group;    means for providing data relating to a second member of the group;    means for receiving a request for a benefit from the first member; and    means for assigning a portion of the request to a second member.    
     
     
         22 . The system as in  claim 21 , further comprising means for assigning a health rating to the first member based on health data submitted by the first member.  
     
     
         23 . The system as in  claim 21 , further comprising means for assigning a benefit rating to the first member based on the data submitted by the first member.  
     
     
         24 . The system as in  claim 21 , further comprising means for determining an eligible benefit for the first member based upon the benefit rating.  
     
     
         25 . The system as in  claim 21 , further comprising means for determining an eligible benefit rating based upon the health rating.  
     
     
         26 . The system as in  claim 22 , further comprising means for determining assigning a benefit rating to the first member based on the data submitted by the first member and determining an eligible benefit from the request based upon the health rating and the benefit rating.  
     
     
         27 . The system as in  claim 21 , further comprising means for determining the eligible needs of the group.  
     
     
         28 . The system as in  claim 21 , further comprising means for determining a share rating for the first member.  
     
     
         29 . The system as in  claim 25 , wherein the share rating is calculated by the dividing the total shares submitted in dollars of the first member into the total share requests in dollars of the first member.  
     
     
         30 . The system as in  claim 21 , wherein the data of the first member is selected from the group consisting of name, dependents, age, sex, religious domination, height, weight and body mass index (BMI).  
     
     
         31 . The system as in  claim 21 , further comprising means for processing a transaction initiated by the second member to satisfy the portion the assigned request.  
     
     
         32 . The system as in  claim 31 , wherein the means for processing links to an account.  
     
     
         33 . The system as in  claim 32 , wherein the account is a bank account.  
     
     
         34 . The system as in  claim 21 , wherein the system is available through a computer network.  
     
     
         35 . The system as in  claim 34 . wherein the computer network is the Internet.  
     
     
         36 . The system as in  claim 34 , wherein the computer network is a local area network or a wide area network.  
     
     
         37 . The system as in  claim 34 , wherein the system is configured to permit the individuals of the group to login into the system.  
     
     
         38 . The system as in  claim 14 , wherein the system is configured to allow the individuals to view an overview of share requests, need posting, share posting and exchange posting.  
     
     
         39 . The system as in  claim 21 , determining a deductible level for the first member.  
     
     
         40 . The system as in  claim 39 , wherein the deductible level is based upon the data provided by the first member.  
     
     
         41 . A computer medium containing executable code for sharing resources among a group of individuals in a processor based system in order to create a stronger risk pool comprising: 
 providing data relating to a first member of the group;    providing data relating to a second member of the group;    receiving a request for a benefit from the first member; and    assigning a portion of the request to a second member.    
     
     
         42 . The computer medium as in  claim 41 , further comprising assigning a health rating to the first member based on health data submitted by the first member.  
     
     
         43 . The computer medium as in  claim 41 , further comprising assigning a benefit rating to the first member based on the data submitted by the first member.  
     
     
         44 . The computer medium as in  claim 41 , further comprising determining an eligible benefit for the first member based upon the benefit rating.  
     
     
         45 . The computer medium as in  claim 41 , further comprising determining an eligible benefit rating based upon the health rating.  
     
     
         46 . The computer medium as in  claim 42 , further comprising determining assigning a benefit rating to the first member based on the data submitted by the first member and determining an eligible benefit from the request based upon the health rating and the benefit rating.  
     
     
         47 . The computer medium as in  claim 41 , further comprising determining the eligible needs of the group.  
     
     
         48 . The computer medium as in  claim 41 , further comprising determining a share rating for the first member.  
     
     
         49 . The computer medium as in  claim 45 , wherein the share rating is calculated by the dividing the total shares submitted in dollars of the first member into the total share requests in dollars of the first member.  
     
     
         50 . The computer medium as in  claim 41 , wherein the data of the first member is selected from the group consisting of name, dependents, age, sex, religious domination, height, weight and body mass index (BMI).  
     
     
         51 . The computer medium as in  claim 41 , further comprising processing a transaction initiated by the second member to satisfy the portion the assigned request.  
     
     
         52 . The computer medium as in  claim 51 , wherein the step of processing of the transaction is accomplished by debiting or crediting an account.  
     
     
         53 . An apparatus for enabling individuals to share resources in order to create a stronger risk pool, comprising: 
 a central repository configured to contain data provided by the individuals;    a needs posting configured to accept a request for a resources from an first individual; and    a share posting configured to assign the request of the resources to a second individual.    
     
     
         54 . The apparatus as in  claim 53 , further comprising a transactions processor activated by the second individual in response to the share posting and configured to assign resources to the first individual.  
     
     
         55 . The apparatus as in  claim 54 , further comprising a disclosure repository configured to include the legal disclosures of varying jurisdictions.  
     
     
         56 . The apparatus as in  claim 55 , further comprising a rating device configured to assign ratings to the individuals based on the data.  
     
     
         57 . The apparatus as in  claim 56 , wherein the rating device assign a health rating.  
     
     
         58 . The apparatus as in  claim 56 , wherein the rating device assigns a share rating.  
     
     
         59 . The apparatus as in  claim 56 , wherein the rating device assigns a benefit. rating.

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