Patent ID: 6092047
Filing Date: 2000-07-18
Classification: G06Q

Abstract:
A method of devising the financial aspects of a plan of benefits for a population of employees in accordance with a plurality of goals of an employer of the employees, each of the benefits having a cost, said method comprising the steps of:a) entering data concerning the population of employees and a rate for each of the benefits into a memory of a computer system;b) defining a first set of cost variables reflecting respectively a contribution made by the employer to the costs of the benefits, an employee cost of the benefits provided to each employee and, to the extent that the employer's contribution is insufficient to pay for the employee benefits, an employee contribution made by each employee to the cost of his/her employee benefits, and entering the defined variables into the memory of the computer system;c) defining a second set of goal variables selected from said first set of variables reflecting the goals of the employer for the plan of benefits and entering the second set of variables into the memory of the computer system;d) structuring the first and second sets of variables into a set of relationships; andc) processing the set of relationships to determine the amounts of these cost variables.