INSURANCE WARRANTY PRODUCT, METHOD AND SYSTEM COMPENSATING FOR AN ERROR IN MEDICAL TREATMENT OR NEGATIVE HEALTH OUTCOME

摘要

An insurance warranty product provides monetary payment to an insured after experiencing an error in, or negative health outcome resulting from, medical treatment. The terms of the insurance warranty product define the benefit of monetary payment, and the errors in, or negative health outcome resulting from, medical treatment covered by the product may be pre-defined. Errors in medical treatment and negative health outcomes may also be analyzed according to industry standards, and the insured may receive the benefit based on the analysis.