METHOD AND SYSTEM FOR PROCESSING DATA RELATING TO DETERMINING SUBROGATION RECOVERY
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United States of America Patent
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Issued Date -
Aug 14, 2014
app pub date -
Apr 22, 2014
filing date -
May 26, 2000
priority date (Note) -
Abandoned
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Abstract
A method for identifying select ones of insurance records which possess a favorable subrogation potential. The method includes receiving data indicative of a plurality of claims; automatically calculating a base score to identify select ones of the claims which demonstrate at least a given probability of expected subrogation recovery dependently upon the received data; automatically identifying risk factors for each of the select claims; and, automatically scoring each of the select claims dependently upon the base scores and identified risk factors to provide a value indicative of an expected subrogation recovery.
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