Multi-Purpose Device Integrating Membership and Payment Certificates
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Solution Overview
Problem
The medical service industry faces issues with fraud, inconvenience, and inefficiency due to the use of multiple insurance cards for different benefits and unclear financial responsibilities, leading to dissatisfaction and inefficiencies in billing processes.
Innovation Solution
A multi-purpose device that integrates member attributes with payment attributes using a public-key infrastructure system, allowing users to present a single device to service providers for verification of membership benefits and billing, ensuring authenticity and transparency of costs.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If multiple plastic cards are used to verify different benefits, then coverage verification is possible, but fraud risk increases and convenience decreases
Solution Approach 1:
The patent combines multiple benefit verification functions into a single electronic device with integrated security credentials. Instead of using separate plastic cards for different benefits (medical, dental, vision), the system consolidates all verification credentials into one device, eliminating the need to carry multiple cards and reducing fraud risk through centralized security management.
Solution Approach 2:
The patent replaces the mechanical plastic card system with an electronic device using public-key infrastructure and digital certificates. The physical card with magnetic stripe or chip is substituted by an electronic security module that uses cryptographic key pairs for authentication, providing more secure and reliable benefit verification.
2Adaptability or versatility
If multiple plastic cards are carried for different benefits, then comprehensive coverage is possible, but device complexity and inconvenience increase
Solution Approach 1:
The electronic device is designed to perform multiple benefit verification functions within a single platform. The same device can verify medical, dental, vision, and other benefits by presenting different electronic credentials from the security module, making the system universal and eliminating the need for multiple specialized cards.
Solution Approach 2:
The patent merges multiple benefit verification credentials into a single electronic device. Instead of carrying separate physical cards for each benefit type, all credentials are integrated into one device, simplifying the user experience while maintaining comprehensive coverage.
3Reliability
If traditional billing processes are used with multiple parties, then financial responsibilities can be discussed, but time consumption and inefficiency increase
Solution Approach 1:
The system enables automated billing processing where the electronic device directly communicates benefit verification and payment information to the service provider. This self-service approach eliminates the need for manual back-and-forth communication between patients, providers, and insurers, significantly reducing billing processing time while maintaining financial responsibility clarity.
Solution Approach 2:
The patent implements real-time feedback loops where the electronic device provides immediate verification of benefits and payment capabilities to the service provider. This instantaneous feedback allows all parties to understand financial responsibilities upfront, eliminating delays associated with traditional billing cycles and follow-up communications.
Data Source
AI summary
Embodiments of the invention relate to systems and methods for provisioning and using a multi-purpose device. The device contains information regarding a plurality of memberships. The device contains one or more membership certificate chains, comprising multiple certificates, wherein a membership provider certificate is signed by a private key associated with a membership root certificate authority, and wherein a member certificate is signed by a private key associated with the membership provider certificate. The member certificate includes member attributes regarding the user, such as member benefit information. The device also includes a payment certificate chain, comprising multiple certificates, wherein a payment provider certificate is signed by a private key associated with a payment root certificate authority, and wherein a payment certificate is signed by a private key associated with the payment provider certificate. The payment certificate includes payment attributes regarding the user, such as a payment account.