Patent ID: 8032396

Claim:
A method for a health plan organization to guarantee renewal of a healthcare coverage plan, the method comprising: determining, via an underwriting risk modeling computing device, a healthcare consumer's underwriting status; providing an electronic interface for enrolling the consumer in the healthcare coverage plan that provides healthcare benefits to the consumer in connection with payment of a first healthcare plan premium, the healthcare coverage plan comprising a benefit suspension feature for suspending at least one of the consumer's benefits under the plan; processing user input from the electronic interface for suspending the at least one of the consumer's benefits according to the benefit suspension feature, wherein the healthcare coverage plan guarantees renewal of the at least one suspended benefit according to the initially determined underwriting status in connection with payment of a second healthcare plan premium which comprises a reduction to a residual percentage of the first premium, the second healthcare plan premium reflecting a risk associated with guaranteeing renewal of the at least one suspended benefit; calculating the reduction to the residual percentage of the first premium based at least in part on a difference between estimated and determined percent increases in a value of claimed benefits within a predetermined time period; and processing user input from the electronic interface reflecting the healthcare consumer's allocation of an excess premium comprising a difference between the first and second healthcare plan premiums among one or more of a plurality of excess premium allocation options.