System and method for using medication and medical condition information in automated insurance underwriting

1 . A method for using medication and medical condition information in automated insurance underwriting, the method comprising the steps of:

identifying medication information provided by an applicant;

identifying medical condition information provided by the applicant;

assessing a consistency between the medication information and the medical condition information; and

making at least one insurance underwriting decision based on the consistency between the medication information and the medical condition information.

2 . The method according to claim 1 further comprising:

generating a list of possibly treated conditions based at least in part on the medication information provided by the applicant; and

comparing the list with the medical condition information provided by the applicant.

3 . The method according to claim 2 further comprising querying a medical knowledge database, the database comprises information associated with a plurality of medications, a plurality of medical conditions, and treatment associations between the plurality of medications and the plurality of medical conditions.

4 . The method according to claim 1 , further comprising assigning the applicant to a risk category based on the consistency between the medication information and the medical condition information.

5 . A computer readable medium having code for causing a processor to use medication and medical condition information in automated insurance underwriting, the computer readable medium comprising:

code adapted to identify medication information provided by an applicant;

code adapted to identify medical condition information provided by the applicant;

code adapted to assess a consistency between the medication information and the medical condition information; and

code adapted to make at least one insurance underwriting decision based on the consistency between the medication information and the medical condition information.

6 . The computer readable medium according to claim 5 further comprising:

code adapted to generate a list of possibly treated conditions based at least in part on the medication information provided by the applicant; and

code adapted to compare the list with the medical condition information provided by the applicant.

7 . The computer readable medium according to claim 6 further comprising code adapted to query a medical knowledge database, the database comprises information associated with a plurality of medications, a plurality of medical conditions, and treatment associations between the plurality of medications and the plurality of medical conditions.

8 . The computer readable medium according to claim 5 , further comprising code adapted to assign the applicant to a risk category based on the consistency between the medication information and the medical condition information.

9 . A system for using medication and medical condition information in automated insurance underwriting, the system comprising:

a first identification module for identifying medication information provided by an applicant;

a second identification module for identifying medical condition information provided by the applicant;

an assessment module for assessing a consistency between the medication information and the medical condition information; and

an insurance module for making at least one insurance underwriting decision based on the consistency between the medication information and the medical condition information.

10 . The system according to claim 9 further comprising:

a generation module for generating a list of possibly treated conditions based at least in part on the medication information provided by the applicant; and

a comparison module for comparing the list with the medical condition information provided by the applicant.

11 . The system according to claim 10 further comprising a query module for querying a medical knowledge database, the database comprises information associated with a plurality of medications, a plurality of medical conditions, and treatment associations between the plurality of medications and the plurality of medical conditions.

12 . The system according to claim 9 , further comprising an assignment module for assigning the applicant to a risk category based on the consistency between the medication information and the medical condition information.

13 . A system for using medication and medical condition information in automated insurance underwriting, the system comprising:

means for identifying medication information provided by an applicant;

means for identifying medical condition information provided by the applicant;

means for assessing a consistency between the medication information and the medical condition information; and

means for making at least one insurance underwriting decision based on the consistency between the medication information and the medical condition information.

14 . The system according to claim 13 further comprising:

means for generating a list of possibly treated conditions based at least in part on the medication information provided by the applicant; and

means for comparing the list with the medical condition information provided by the applicant.

15 . The system according to claim 14 further comprising means for querying a medical knowledge database, the database comprises information associated with a plurality of medications, a plurality of medical conditions, and treatment associations between the plurality of medications and the plurality of medical conditions.

16 . The system according to claim 13 , further comprising means for assigning the applicant to a risk category based on the consistency between the medication information and the medical condition information.

17 . A method for using medication and medical condition information in automated insurance underwriting, the method comprising the steps of:

identifying medication information provided by an applicant;

identifying medical condition information provided by the applicant;

assessing a consistency between the medication information and the medical condition information;

making at least one insurance underwriting decision based on the consistency between the medication information and the medical condition information;

the method further comprising:

generating a list of possibly treated conditions based at least in part on the medication information provided by the applicant;

comparing the list with the medical condition information provided by the applicant; and

the method further comprising querying a medical knowledge database, the database comprises information associated with a plurality of medications, a plurality of medical conditions, and treatment associations between the plurality of medications and the plurality of medical conditions.

18 . The method according to claim 17 , further comprising assigning the applicant to a risk category based on the consistency between the medication information and the medical condition information.