A method for managing the selection of benefit options includes receiving historical user data covering a first time period, and receiving benefit information including at least one benefit option applicable to a second time period. A first portion of the historical user data is compared with a portion of the benefit information to determine anticipated future costs associated with the at least one benefit option. A user of the method optionally selects one of the available benefit options based on the comparison. The benefit options include at least two different insurance policies available for selection. The insurance policies may include at least two different policies of one or more types selected from the group consisting of medical, dental, vision, and life.