Patent ID: 8442847

Claim:
A method of making insurance comparisons between a plurality of different insurance plans, over a network, said method comprising: entering information on a plurality of premium parameters and reimbursement parameters of a plurality of different insurance plans into a computer database; wherein said premium parameters vary as a function of one or more risk parameters; entering information on the projected user costs associated with various scenarios of possible alternative future events into a computer database; constructing at least one user input form capable of capturing a plurality of risk parameters and scenario parameters, and insurance coverage time parameters and transmitting said user input form to at least one client device; using said at least one user input form to capture said plurality of risk parameters and scenario parameters, and insurance coverage time parameters on said client device; wherein said scenario parameters are selected to allow said user to enter or select at least one possible alternative future event into said input form; transmitting said plurality of risk parameters and scenario parameters, and insurance coverage time parameters to a server; using at least one algorithm to use said risk parameters and insurance coverage time parameters to retrieve said premium parameters and reimbursement parameters of a plurality of different insurance plans from said computer database, and producing a comparison result of the premiums of, and reimbursement benefits provided by, said plurality of different insurance plans; transmitting said comparison results to said at least one client device, and displaying said comparison results along with at least one of: a) said projected user costs according to the user entered scenario parameters; b) the information pertaining to the differences between said reimbursement parameters and said projected user costs according to the user entered scenario parameters; thereby allowing said user to enter in alternative scenario parameters, and receive information pertaining to both the premiums of a plurality of different insurance plans, and the adequacy of said reimbursement of said plurality of different insurance plans according to the projected user costs determined from various user entered scenarios.