Method of Managing the Business of a Health Insurance Plan and a System Therefor

A method of managing the business of a health insurance plan, wherein the provider of such health insurance plan undertakes liability in return for a premium or contribution, and insures members who pay such premiums or make such contributions for covered health services or manages an account from which covered health care expenses are paid, the method including:

• calculating an amount of expenditure of a member using a credit or debit card issued to the member;
• and
• increasing the amount of liability the health insurance plan undertakes, wherein the amount of the increase is a percentage of the amount of expenditure of the member using the credit or debit card issued to the member.

An electronic system for managing the business of a health insurance plan includes:

• a calculating module to calculate an amount of expenditure of a member using a credit or debit card issued to the member;
• and
• a funds allocation module to increase the amount of funds available to a member in a medical savings account to be used by the member to pay for health services, wherein the amount of the increase is a percentage of the amount of expenditure of the member using the credit or debit card issued to the member.

An electronic system for managing the business of a health insurance plan includes:

• a calculating module to calculate an amount of expenditure of a member using a credit or debit card issued to the member;
• and
• a funds allocation module to increase the amount of liability the health insurance plan undertakes, wherein the amount of the increase is a percentage of the amount of expenditure of the member using the credit or debit card issued to the member.

A machine-readable medium embodying instructions which, when executed by a machine, cause the machine to perform a method including:

• calculating an amount of expenditure of a member using a credit or debit card issued to the member;
• and
• increasing the amount of funds available to a member in a medical savings account to be used by the member to pay for health services, wherein the amount of the increase is a percentage of the amount of expenditure of the member using the credit or debit card issued to the member.