{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-8538783","patent":{"patent_number":"US-8538783","title":"Workers compensation system for determining a cost of insurance based on real-time payroll data","assignee":null,"inventors":[],"filing_date":"2010-03-26T00:00:00.000Z","publication_date":"2013-09-17T00:00:00.000Z","cpc_codes":["G06Q","G06Q","G06Q"],"num_claims":4,"abstract":"A system/method implemented at an insurance company estimates a final premium charge and more accurate real time estimate during the lifetime of the policy for workers compensation insurance associated with a risk based on: receiving real-time payroll data associated with the risk; monitoring the received real-time payroll data to identify and record raw data elements that have an identified relationship with any of, or a combination of, the following: the risk's business operation, insurability of the risk, character of the risk, or rating parameters associated with the risk's policy; and determining the final premium charge of workers compensation insurance for the risk based on a premium modification that increases or decreases a premium charge based on an evaluation of the recorded raw data elements."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Workers compensation system for determining a cost of insurance based on real-time payroll data","description":"A system/method implemented at an insurance company estimates a final premium charge and more accurate real time estimate during the lifetime of the policy for workers compensation insurance associate","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-8538783","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-8538783","citation_suggestion":"Patentable. \"Workers compensation system for determining a cost of insurance based on real-time payroll data\" (US-8538783). https://patentable.app/patents/US-8538783","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-8538783","json":"https://patentable.app/api/llm-context/US-8538783","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-30T20:30:00.740Z"}