Renee Y Brown

US Patent:

20040049397, Mar 11, 2004

Filed:

Sep 9, 2002

Appl. No.:

10/237889

Inventors:

Lawrence Leisure - Atherton CA, US
Jeffrey Huxley - Little Canada MN, US
Renee Brown - Crystal Lake IL, US
Heather Abodeely - Chicago IL, US
David Dahle - Wynnewood PA, US
Cecil Dearborne - Chicago IL, US
Amy Farkas - New York NY, US
Evelyn Goodfriend - San Francisco CA, US
Laurie Maiser - Plymouth MN, US
Amie Ludwig - Minneapolis MN, US
David Rey - Lafayette CA, US
Melinda Steinmetz - Mill Valley CA, US
Glenn Stolar - Chanhassen MN, US
Erik Swanson - New York NY, US
Joseph Villa - San Mateo CA, US

International Classification:

G06F017/60

US Classification:

705/001000

Abstract:

A defined contribution benefits tool having various embodiments interfaces employers, employees, brokers and benefits suppliers. Suppliers provide product information. An employer creates an employer profile indicating the categories of benefits to offer, which categories are required, which categories the employer will contribute to, and the contribution range for the categories. Based on the profile (and from other available products), a portfolio recommendation that essentially meets the requirements is generated. Based on the portfolio recommendation, the employer chooses a set of products as its benefits portfolio. Employees create an employee profile allocating the total employer contribution among a set of benefit categories. A package recommendation that essentially meets the requirements set forth in the employee's profile is generated. From this recommendation (and from other available products), the employee chooses his or her benefits package.