Patent ID: 7406441

Claim:
A method for managing and delivering employee benefits to reduce cost to at least one employer for administration of a human resource function, comprising: a. at least temporarily storing information provided by the at least one employer indicative of interests of respective employees; b. processing the stored information such that the employees are organized into at least one buying pool based on common ones of the interests; c. at least temporarily storing information relating to vendors of employee benefits; d. obtaining a discount for employee benefits provided by the vendors by matching the common interests upon which the buying pool is based with the stored information relating to vendors; e. calculating a percentage of the discount to be deducted from the cost of the benefit to the employee to determine a discounted price for the benefit; f. offering the benefit for the employee at the discounted price via a portal web site; and g. providing an employer portion of the discount to the at least one employer to reduce administration cost; wherein at least steps a, b, c, and e are performed using at least one networked computer system.