ROBERT ANTHONY PAYTON
Pilots at Arrowhead Pt Ln, Camano Island, WA

License number
Washington A2878060
Issued Date
Dec 2016
Expiration Date
Dec 2018
Category
Airmen
Type
Authorized Aircraft Instructor
Address
Address
311 Arrowhead Point Ln, Camano Island, WA 98282

Professional information

Robert Payton Photo 1

Method And System For Providing Multiple Funding Sources For Health Insurance And Other Expenditures

US Patent:
2008004, Feb 14, 2008
Filed:
Aug 7, 2007
Appl. No.:
11/882899
Inventors:
Randall Ray - Olympia WA, US
Robert Payton - Camano Island WA, US
International Classification:
G06Q 40/00, G06Q 50/00
US Classification:
705002000
Abstract:
Methods and systems for providing multiple funding sources for health insurance and other approved healthcare expenses to full-time, hourly, part-time, seasonal, and temporary employees. Healthcare contributions for a single employee or for multiple workers in a family from more than one employer are placed in trust accounts established under separate Health Reimbursement Arrangements (HRAs) by each employer for use in paying qualified medical expenses of the employee and/or the employees' family. Each employer agrees to create HRAs for eligible employees and sends eligible employee data to a financial administrator. A trust account is created to hold the employer contributed HRA funds for the eligible employees. The eligible employees select a healthcare insurance policy, the premiums for which are paid out of each employee's HRA. The employee retains the HRA even if the employee's employment with the funding employer is terminated.