20140249863 | Computerized Composite Risk and Benefits Apparatus and Method - A computerized composite risk and benefit product provides a plan participant with a “bank” of coverage through a self-funded trust, which the bank amount set based on the actuarially determined contribution amount paid by the participant. All claims paid are charged against the bank, such that when the bank is exhausted the plan is terminated. The product provides a comprehensive coverage package but a relatively low contribution due to the low underwriting risk resulting from the maximum possible claim amount being capped. Therefore, a comprehensive plan may be provided to a participant at a lower contribution. | 09-04-2014 |