Patent ID: 8190455

Claim:
An apparatus for managing an insurance plan, the apparatus comprising: at least one computer server including software executing within said at least one computer from non-transitory storage medium, the software configured to define at least one insured event for an insured person and for defining at least one benefit to be paid out on the occurrence of one of the at least one insured event; receive information pertaining to participation of the insured person with a wellness program; calculate one of the at least one altered benefit, an Integrated Cover, based on the degree of participation of the insured person with the wellness program after a time period, according to the formulae x =( a*b ), and y =( a−x ), where x=an Adjustment for the time period, y=an Integrated Cover after the time period, a=a starting benefit or Integrated Cover Amount, and b=a Participation Rate reflecting received information pertaining to participation of the insured person with the wellness program during the time period, the participation rate selected from a series of stepped adjustment percentages, with a lower percentage reflecting an increased participation; and cause, on the occurrence of the at least one insured event, the at least one altered benefit to be payed out.