Researchers Submit Patent Application, "Prepaid Bundled Health, Dental, And Veterinary Services With Virtual Payment Distribution", for Approval (USPTO 20240346562).

The patent application titled "Prepaid Bundled Health, Dental, And Veterinary Services With Virtual Payment Distribution" by inventor Paul J. KETCHEL introduces a method for users to select and pay for bundled healthcare services, including dental services, from multiple providers. The patent aims to streamline the payment process for healthcare services, particularly for patients with high deductible health plans, by offering a prepaid system with unique confirmation numbers for tracking service redemption. This innovative approach addresses the rising costs of healthcare and the need for efficient payment mechanisms in the U.S. healthcare system. [Extracted from the article]