Prosecution Insights
Last updated: April 19, 2026
Application No. 10/028,284

System and method for pricing of a financial product or service using a waterfall tool

Final Rejection §101
Filed
Dec 28, 2001
Examiner
KHATTAR, RAJESH
Art Unit
3684
Tech Center
3600 — Transportation & Electronic Commerce
Assignee
Genworth Holdings Inc.
OA Round
36 (Final)
36%
Grant Probability
At Risk
37-38
OA Rounds
3y 12m
To Grant
71%
With Interview

Examiner Intelligence

Grants only 36% of cases
36%
Career Allow Rate
195 granted / 539 resolved
-15.8% vs TC avg
Strong +35% interview lift
Without
With
+35.1%
Interview Lift
resolved cases with interview
Typical timeline
3y 12m
Avg Prosecution
56 currently pending
Career history
595
Total Applications
across all art units

Statute-Specific Performance

§101
41.7%
+1.7% vs TC avg
§103
34.7%
-5.3% vs TC avg
§102
3.0%
-37.0% vs TC avg
§112
14.1%
-25.9% vs TC avg
Black line = Tech Center average estimate • Based on career data from 539 resolved cases

Office Action

§101
DETAILED ACTION Notice of Pre-AIA or AIA Status The present application is being examined under the pre-AIA first to invent provisions. Applicant filed a response dated 12/16/2025 in which claims 1 and 24 have been amended, claims 2-5, 9-10, 20-22, 25, 30, 32-33, and 46-62 have been canceled. Thus, the claims 1, 6-8, 11-19, 23-24, 26-29, 31, and 34-45 are pending in the application. Claim Rejections - 35 USC § 101 35 U.S.C. 101 reads as follows: Whoever invents or discovers any new and useful process, machine, manufacture, or composition of matter, or any new and useful improvement thereof, may obtain a patent therefor, subject to the conditions and requirements of this title. Claims 1, 6-8, 11-19, 23-24, 26-29, 31, and 34-45 are rejected under 35 U.S.C. 101 because the claimed invention is directed to an abstract idea of analyzing a financial service product pricing process without significantly more. Examiner has identified claim 1 as the claim that represents the claimed invention presented in independent claims 1 and 24. The claim 1 recites a series of steps, e.g., receiving, via an electronic input, data from a plurality of sources in a computer system, the plurality of sources including at least an actuarial system; generating, via the waterfall tool comprising a computer processor, a waterfall display that electronically displays revenues cascading down from a base list price to an invoice price to a pocket price to illustrate revenue leaks, the step of generating the waterfall display including the steps of: formatting the received data, wherein the formatted comprises one or more of converting actuarial data into time identifications comprising months and quarters and one or more product names; measuring, using the computer processor, predetermined pricing metrics using the formatted data, the measuring including a measure of underwriting, the measure of underwriting including measuring an underwriting error rate, the measuring also including a measure of a premium leakage, the premium leakage constituted by a reclassification of an insured person’s risk class, and a measure of at least one discount, the measure of the at least one discount includes measuring a trend of usage percentage, and wherein the predetermined pricing metrics are defined at a policy level, determining, using the computer processor, a present value of the predetermined pricing metrics, and graphing, using the computer processor, the present value of each of the predetermined pricing metrics, calculating, using the computer processor based on the generated waterfall display, a differential between the present value of the predetermined pricing metrics, at least a plurality of differentials being determined, identifying, using the computer processor, each of the plurality of differentials as representing a respective revenue leak, each of the plurality of differentials associated with at least one price structure element, comparing, using the computer processor, each of the plurality of differentials to the at least one known price structure element, determining, using the computer processor, that a corresponding trigger is attained based on the comparing, electronically outputting, using an interactive display, the results of the comparing and further outputting a plurality of buckets illustrating one or more revenue leaks, reviewing a pricing process using the generated waterfall, identifying one or more opportunities to decrease revenue leaks using the waterfall generated by using a waterfall worksheet to calculate the predetermined pricing metrics and produce a waterfall bar graph that includes the values for a market price, a market gap, a list price, an underwriting, a discount amount, a rider amount, a premium, a commission amount, a bonus amount or any combination thereof; implementing an action plan based on the results of the comparing and the plurality of buckets illustrating one or more revenue leaks and the one or more opportunities to decrease revenue leaks, and the step of measuring the predetermined pricing metrics includes measuring at least one selected from the group comprising a plurality of incentives, a plurality of commissions, a plurality of fees, an underwriting gap and a market gap, wherein the plurality of incentives and the plurality of commissions each include measuring at least one of a total payout rate in relation to at least one payout rate of a competitor and a trend of usage percentage and the plurality of fees includes measuring at least one of a trend of usage percentage by type and a trend in an average premium amount in relation to type; wherein measuring the market gap include measuring at least one of a competitive rate, a ranking in relation to major competitors, and a percentage variance from a lowest price, and wherein the step of implementing the action plan includes evaluating a position of all market gap metrics. These limitations (with the exception of italicized limitations), under their broadest reasonable interpretation, describe the abstract idea of analyzing a financial service product pricing process, which may correspond to Certain Methods of Organizing Human Activity (a person following a set of instructions; certain activity between a person and a computer; October 2019 Update: Subject Matter Eligibility, page 5). The limitations (with the exception of italicized limitations), determining, using the computer processor, a present value of the predetermined pricing metrics, and calculating, using the computer processor based on the generated waterfall display, a differential between the present value of the predetermined pricing metrics, at least a plurality of differentials being determined recite an abstract idea as these limitations recite mathematical calculations. The additional elements of an actuarial system, a computer processor, a waterfall tool, and a display limitations do not necessarily restrict the claim from reciting an abstract idea. Thus, the claim 1 recites an abstract idea (Step 2A-Prong 1: YES). This judicial exception is not integrated into a practical application because the additional limitations of an actuarial system, a computer processor, a waterfall tool, and a display result in no more than simply applying the abstract idea using generic computer elements. The additional elements of an actuarial system, a computer processor, a waterfall tool, and a display are recited at a high level of generality and under their broadest reasonable interpretation comprise a generic computing device. The presence of a generic computing device does nothing more than to implement the claimed invention (see MPEP 2106.05(f)). The limitation (with the exception of italicized limitations), receiving, via an electronic input, data from a plurality of sources in a computer system; measuring, using the computer processor, predetermined pricing metrics using the received data amounts to mere data gathering, which is a form of insignificant extra-solution activity. Therefore, the recitations of additional elements do not meaningfully apply the abstract idea and hence do not integrate the abstract idea into a practical application. Thus, the claim 1 is directed to an abstract idea (Step 2A-Prong 2: NO). The claim 1 does not include additional elements that are sufficient to amount to significantly more than the judicial exception because the additional elements of an actuarial system, a computer processor, a waterfall tool, and a display are recited at a high level of generality in that it results in no more than simply applying the abstract idea using generic computer elements. The additional element that is insignificant extra-solution activity in Step 2A should be re-evaluated in Step 2B to determine if it is more than what is well-understood, routine, conventional activity in the field. The specification describes the computer to be a generic computer performing its generic computer functions and the courts decisions cited in MPEP 2106.05(d)(II) indicate that mere collection or receipt of data is a well-understood, routine, and conventional function when it is claimed in a merely generic manner. The additional elements when considered separately and as an ordered combination do not amount to add significantly more as these limitations provide nothing more than to simply apply the exception in a generic computer environment (Step 2B: NO). Thus, the claim 1 is not patent-eligible. Similar arguments can be extended to other independent claim 24 and hence the claim 24 is rejected on similar grounds as claim 1. Dependent claims 6-8, 11-19, 23, 26-29, 31, and 34-45 further define the abstract idea that is present in their respective independent claims 1 and 24 and hence corresponds to Certain Methods of Organizing Human Activity and hence are abstract in nature for the reasons presented above. Dependent claims do not include any additional elements that integrate the abstract idea into a practical application or are sufficient to amount to significantly more than the judicial exception when considered both individually and as an ordered combination. Therefore, the claims 6-8, 11-19, 23, 26-29, 31, and 34-45 are directed to an abstract idea. Thus, the claims 1, 6-8, 11-19, 23-24, 26-29, 31, and 34-45 are not patent-eligible. Response to Arguments Applicant's arguments filed dated 12/16/2025 have been fully considered but they are not persuasive due to the following reasons: With respect to the rejection of claims 1, 6-8, 11-19, 22-24, 26-29, 31, and 34-45 under 35 U.S.C. 101, Applicant basically summaries arguments and responses from previous office actions. These arguments were previously considered and addressed in the previous office actions, e.g., non-final office action dated 11/7/2023, 12/7/2021, 3/11/2021, 5/12/2020, 2/10/2025, 9/16/2025 and final office action dated 5/29/2025, 4/11/22, 7/26/2021 and 10/8/2020. However, Applicant does not present any new arguments that relate to previous amendments. With regard to the new amendment dated 12/16/2025, Applicant makes conclusory remarks that amended claim 1 recites additional details which further evidence integration under Prong 2 and/or significantly more. Applicant does not present any specific argument with regard to the amended limitation. Conclusion Applicant's amendment necessitated the new ground(s) of rejection presented in this Office action. Accordingly, THIS ACTION IS MADE FINAL. See MPEP § 706.07(a). Applicant is reminded of the extension of time policy as set forth in 37 CFR 1.136(a). A shortened statutory period for reply to this final action is set to expire THREE MONTHS from the mailing date of this action. In the event a first reply is filed within TWO MONTHS of the mailing date of this final action and the advisory action is not mailed until after the end of the THREE-MONTH shortened statutory period, then the shortened statutory period will expire on the date the advisory action is mailed, and any nonprovisional extension fee (37 CFR 1.17(a)) pursuant to 37 CFR 1.136(a) will be calculated from the mailing date of the advisory action. In no event, however, will the statutory period for reply expire later than SIX MONTHS from the mailing date of this final action. Any inquiry concerning this communication or earlier communications from the examiner should be directed to RAJESH KHATTAR whose telephone number is (571)272-7981. The examiner can normally be reached M-F 8AM-5PM. Examiner interviews are available via telephone, in-person, and video conferencing using a USPTO supplied web-based collaboration tool. To schedule an interview, applicant is encouraged to use the USPTO Automated Interview Request (AIR) at http://www.uspto.gov/interviewpractice. If attempts to reach the examiner by telephone are unsuccessful, the examiner’s supervisor, Shahid Merchant can be reached at 571-270-1360. The fax phone number for the organization where this application or proceeding is assigned is 571-273-8300. Information regarding the status of published or unpublished applications may be obtained from Patent Center. Unpublished application information in Patent Center is available to registered users. To file and manage patent submissions in Patent Center, visit: https://patentcenter.uspto.gov. Visit https://www.uspto.gov/patents/apply/patent-center for more information about Patent Center and https://www.uspto.gov/patents/docx for information about filing in DOCX format. For additional questions, contact the Electronic Business Center (EBC) at 866-217-9197 (toll-free). If you would like assistance from a USPTO Customer Service Representative, call 800-786-9199 (IN USA OR CANADA) or 571-272-1000. RAJESH KHATTAR Primary Examiner Art Unit 3684 /RAJESH KHATTAR/Primary Examiner, Art Unit 3684
Read full office action

Prosecution Timeline

Dec 28, 2001
Application Filed
Feb 19, 2008
Non-Final Rejection — §101
Jun 25, 2008
Response Filed
Oct 14, 2008
Non-Final Rejection — §101
Jan 16, 2009
Response Filed
Apr 21, 2009
Non-Final Rejection — §101
Aug 21, 2009
Response Filed
Oct 26, 2009
Final Rejection — §101
Jan 27, 2010
Examiner Interview Summary
Jan 29, 2010
Request for Continued Examination
Feb 02, 2010
Response after Non-Final Action
Jun 03, 2010
Non-Final Rejection — §101
Nov 04, 2010
Response Filed
Nov 16, 2010
Final Rejection — §101
Apr 18, 2011
Request for Continued Examination
Apr 22, 2011
Response after Non-Final Action
May 04, 2011
Non-Final Rejection — §101
Sep 06, 2011
Response Filed
Sep 20, 2011
Final Rejection — §101
Feb 22, 2012
Request for Continued Examination
Mar 01, 2012
Response after Non-Final Action
Apr 27, 2013
Non-Final Rejection — §101
Aug 29, 2013
Response Filed
Oct 23, 2013
Final Rejection — §101
Mar 25, 2014
Request for Continued Examination
Mar 28, 2014
Response after Non-Final Action
Dec 15, 2014
Non-Final Rejection — §101
Apr 17, 2015
Response Filed
May 02, 2015
Final Rejection — §101
Aug 11, 2015
Request for Continued Examination
Aug 17, 2015
Response after Non-Final Action
Sep 29, 2015
Non-Final Rejection — §101
Jan 04, 2016
Response Filed
Feb 29, 2016
Final Rejection — §101
Jun 02, 2016
Notice of Allowance
Aug 02, 2016
Response after Non-Final Action
Sep 14, 2016
Response after Non-Final Action
Oct 12, 2016
Response after Non-Final Action
Dec 21, 2016
Response after Non-Final Action
Jan 07, 2017
Response after Non-Final Action
Jan 09, 2017
Response after Non-Final Action
Jan 09, 2017
Response after Non-Final Action
Jun 29, 2018
Response after Non-Final Action
Aug 28, 2018
Request for Continued Examination
Sep 05, 2018
Response after Non-Final Action
Sep 25, 2018
Non-Final Rejection — §101
Dec 21, 2018
Response Filed
Feb 15, 2019
Final Rejection — §101
May 17, 2019
Request for Continued Examination
Jun 19, 2019
Response after Non-Final Action
Jul 30, 2019
Non-Final Rejection — §101
Oct 31, 2019
Response Filed
Jan 06, 2020
Final Rejection — §101
Apr 08, 2020
Request for Continued Examination
Apr 09, 2020
Response after Non-Final Action
May 06, 2020
Non-Final Rejection — §101
Aug 12, 2020
Response Filed
Oct 02, 2020
Final Rejection — §101
Jan 08, 2021
Request for Continued Examination
Jan 15, 2021
Response after Non-Final Action
Mar 08, 2021
Non-Final Rejection — §101
Jun 11, 2021
Response Filed
Jul 21, 2021
Final Rejection — §101
Oct 26, 2021
Request for Continued Examination
Oct 27, 2021
Response after Non-Final Action
Dec 02, 2021
Non-Final Rejection — §101
Mar 07, 2022
Response Filed
Apr 07, 2022
Final Rejection — §101
Jul 11, 2022
Request for Continued Examination
Jul 18, 2022
Response after Non-Final Action
Jul 29, 2022
Non-Final Rejection — §101
Nov 03, 2022
Response Filed
Nov 30, 2022
Final Rejection — §101
Mar 03, 2023
Request for Continued Examination
Mar 04, 2023
Response after Non-Final Action
Mar 10, 2023
Non-Final Rejection — §101
Jun 16, 2023
Response Filed
Jun 29, 2023
Final Rejection — §101
Oct 05, 2023
Request for Continued Examination
Oct 10, 2023
Response after Non-Final Action
Nov 02, 2023
Non-Final Rejection — §101
Feb 07, 2024
Response Filed
Mar 08, 2024
Final Rejection — §101
Jun 13, 2024
Request for Continued Examination
Jun 15, 2024
Response after Non-Final Action
Jun 27, 2024
Non-Final Rejection — §101
Oct 02, 2024
Response Filed
Oct 11, 2024
Final Rejection — §101
Jan 16, 2025
Request for Continued Examination
Jan 17, 2025
Response after Non-Final Action
Feb 05, 2025
Non-Final Rejection — §101
May 09, 2025
Response Filed
May 27, 2025
Final Rejection — §101
Aug 29, 2025
Request for Continued Examination
Sep 09, 2025
Response after Non-Final Action
Sep 12, 2025
Non-Final Rejection — §101
Dec 16, 2025
Response Filed
Jan 10, 2026
Final Rejection — §101 (current)

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Study what changed to get past this examiner. Based on 5 most recent grants.

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Prosecution Projections

37-38
Expected OA Rounds
36%
Grant Probability
71%
With Interview (+35.1%)
3y 12m
Median Time to Grant
High
PTA Risk
Based on 539 resolved cases by this examiner. Grant probability derived from career allow rate.

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