Flexible Multi-Purse Tables for Benefit Plan Management
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Solution Overview
Problem
Traditional processing systems for managing multiple accounts in benefit plans face challenges due to rigid configurations, requiring frequent redesigns and increased latency when employee selections or tax laws change, complicating the management of numerous benefit plan offerings.
Innovation Solution
Implementing flexible multi-purse tables with access indicators to efficiently represent and process a wide variety of benefit plans, reducing the need for frequent configuration changes and enabling fast, accurate processing of claims and transactions according to plan rules and restrictions.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If rigid and static configurations are used in traditional processing systems, then database structure is simple and easy to manage, but the system requires frequent redesigns and introduces significant latencies when employee selections or tax laws change
Solution Approach 1:
The patent implements dynamic configuration tables that allow benefit plan parameters to be modified without structural database changes. The system transitions from static rigid configurations to dynamic configurable structures where account limitations, eligibility rules, and plan parameters can be updated through data modifications rather than schema changes, enabling adaptability while maintaining database simplicity.
Solution Approach 2:
The patent utilizes parameter-driven configuration where benefit plan characteristics are defined through configurable parameters in lookup tables. By changing parameter values in these tables rather than altering database structure, the system can adapt to new tax laws, employee selections, and plan offerings efficiently, resolving the contradiction between adaptability and structural complexity.
2Adaptability or versatility
If the plan manager supports a large number of benefit plan offerings with many selectable accounts and service types, then employee choice and plan versatility are improved, but management of benefit plans becomes significantly more complicated
Solution Approach 1:
The patent implements universal configuration tables that can accommodate multiple account types (FSAs, HSAs, HRAs), service types, and plan variations through a single unified database structure. This multi-functional approach allows the system to support a large number of benefit plan offerings using the same configurable framework, reducing management complexity while increasing versatility.
Solution Approach 2:
The patent segments benefit plan configurations into modular configurable parameters and lookup tables that can be independently managed. By dividing the overall configuration into separable, reusable components (account type definitions, service type definitions, eligibility rules), the system can handle numerous plan offerings through standardized modules rather than monolithic complex structures.
3Reliability
If frequent configuration changes are made to accommodate employee selections and tax law changes, then benefit plan accuracy is maintained, but setup time and database restructuring increase significantly
Solution Approach 1:
The patent pre-configures lookup tables with standardized account types, service types, and common benefit plan parameters. By having these configurations prepared in advance as reusable templates, the system can quickly adapt to changes in tax laws or employee selections by selecting from pre-validating options rather than creating configurations from scratch, maintaining accuracy while reducing setup time.
Data Source
AI summary
Disclosed herein are system, method, and computer program product embodiments for configuring a multi-purse (MP) table for representing a benefit plan including multiple accounts and respective eligible services. An embodiment operates by storing MP table configurations within a management database. Upon receiving a plan offering for an employee, an MP table selection component of the management system may select an MP table configuration from the stored MP table configurations. The MP table selection component may configure an MP table using the selected MP table configuration by enabling access indicators of respective account types of the MP table that satisfy at least one of the received plurality of accounts in the plan offering. Upon configuration of the MP table, a distribution component of the management system may send the MP configuration to a card vendor configured to process claims received at the card vendor.