METHOD AND APPARATUS FOR FACILITATING OPERATION OF AN INSURANCE PLAN

The system includes a group of computers for facilitating the implementation and administration of a desired group insurance plan, having conversion rights for individuals. The system includes information gathering devices for receiving and storing employer and employee base information, and devices for generating summarized base information signals in response to the information gathering devices. Devices generate report displays of summarized base information responsive to the signals. Also, devices calculate iteratively a desired employer contribution amount based upon the base information signals.