Patent ID: 7739127

Claim:
A method of filing a prescription claim within a health insurance indemnity system, wherein an insurance subscriber files a prescription claim by using a payment card in a purchase transaction for a prescription, the method comprising: issuing said payment card having a payment card number to said insurance subscriber; linking said payment card number to an insurance contract number for said insurance subscriber within a database of an insurance company or third party payor covering said insurance subscriber; said insurance company or third party payor issuing a claim authorization or approval number for said prescription for said insurance subscriber to a specific provider prior to conducting said purchase transaction for said prescription; said insurance subscriber using said payment card to pay in full for said prescription as part of said purchase transaction; incorporating said claim authorization or approval number and other pertinent claim information as part of purchase transaction input data for said prescription; providing a point of service terminal for electronically capturing said purchase transaction input data for said prescription; wherein said purchase transaction input data resides in a data storage device; wherein the data storage device comprises a bar code label; said point of service terminal having a computer connection to a claim records database for updating said claim records database with said pertinent claim information thereby causing an updated claim records database; wherein said pertinent claim information includes at least said claim authorization or approval number; said insurance company or third party payor accessing said updated claim records database through an Internet or other computer connection and validating said pertinent claim information contained therein; said insurance company or third party payor accepting said updated claim records database as a claim for reimbursement from said insurance subscriber for said prescription upon validating said pertinent claim information contained in said updated claim records database.