Insurance administration services, namely handling, processing and directing payments and credits featuring a memory/smart card; insurance claims processing featuring a memory/smart card, insurance administration in connection with health care fees and management of out-of-pocket levels, deductibles, co-insurance, co-payments, and maximum out of pocket expenses for health care featuring a memory/smart card, and processing of applications for insurance coverage through the use of computer hardware, operating hardware, smart card/memory card readers, computer software for use with and without systems for electronic data processing for the data communication, namely, computer software enabling telefax machines, telephone sets, and/or computers to communicate the data to and with other machines directly or indirectly via cable and/or telephone wires and indirectly or indirectly via satellite and/or wireless transmission, electronic sets and modems and related connecting modules for electronic data processing for data communication, electronic data processing elements insertable into data communication lines for processing data for or during communication, electronic, magnetic, and optical readers and optical data processing and memory elements and groups thereof namely, microprocessors, communication interface components, and support hardware therefor; as well as electrical, magnetic, and optical data readers and carriers; and telecommunication devices for recording, transmitting, and reproducing data, sound, and/or images