Rhonda L Lessard

US Patent:

20080077449, Mar 27, 2008

Filed:

Sep 25, 2006

Appl. No.:

11/534940

Inventors:

Charles Klippel - Avon CT, US
Rhonda L. Lessard - South Windsor CT, US

Assignee:

AETNA INC. - Hartford CT

International Classification:

G06Q 40/00

US Classification:

705 4

Abstract:

A health account retirement plan (“HARP”) is described that can be used by a retiree for health care related expenses. Under the HARP, an employer pays an annual premium to an insurance company such as a health insurance company. In exchange, the insurer funds and administers health accounts for eligible employees at retirement. Employees become eligible for these benefits according to a pre-determined eligibility schedule comparable to a vesting schedule for pension benefit. Once eligible, if an employee retires, he can use the account for health care related expenses including both premiums and health claims.