US Patent:
20040138999, Jul 15, 2004
Inventors:
Howard Friedman - Washington DC, US
Seth Blackley - Arlington VA, US
Adam Braff - Washington DC, US
William Cilluffo - Vienna VA, US
Richard Edmunds - Alexandria VA, US
Tilman Ehrbeck - Washington DC, US
Chris Newkirk - Washington DC, US
Ronald Sheklin - Arlington VA, US
Assignee:
Capital One Financial Corporation
International Classification:
G06F017/60
Abstract:
A method for managing a credit account associated with a customer is provided. The credit account has a first credit component associated with purchase transactions and a second credit component associated with healthcare expenses. A payment request from an insurance provider for a customer payment portion associated with a particular healthcare expense is received. A determination is made to see whether the customer payment portion exceeds a limit. The insurance provider is paid the customer payment portion when the limit is not exceeded. The payment of the customer payment portion is requested from a healthcare expense account.