Method, Apparatus and System for Providing Insurance Coverage and Claims Payment for Single Event Surgical and Diagnostic Procedures

摘要

A method and system are provided for determining whether to issue insurance coverage for one or more specific events, such as a specific surgical event or diagnostic procedure. The method and system include consideration of a variety of risk criteria associated with the event or procedure, as well as policy coverage components. Preferably, old and new risk data is utilized to determine posterior possibilities for events associated with the event or procedure. Risk data is utilized to determine whether to issue policies, and to determined policy coverage where policies are to be issued, so as to minimize premiums to the insured and maximize profits to the company.