Abstract: The present invention provides a computer-implemented system and method for providing a post employment qualified health care benefit plan funded during a covered person's working years to covered persons under the plan. The method having the steps of providing a computer system to manipulate and process a plurality of predefined variables; electing a number of benefit payout years for receiving benefits during a payout period; electing either a standard non-lump-sum premium option or a lump sum premium option; electing standard non-lump-sum variables under the standard non-lump-sum premium option; electing lump sum variables under the lump sum premium option; using the computer system to calculate a schedule of premiums based on the standard non-lump-sum variables and the lump sum variables to obtain an associated maximum benefit amount; and paying a maximum benefit amount for qualified health expenses upon occurrence of a triggering event.