What does the Medical Information Bureau (MIB) primarily collect?

The Medical Information Bureau (MIB) primarily collects adverse medical information about applicants. This organization serves as a resource for insurance companies to access pertinent medical information that may affect an applicant's insurability. Information gathered by the MIB includes details on past medical conditions, diagnoses, treatments, and any other relevant medical data that could impact overall health risks. The goal is to ensure that insurance companies can underwrite applicants accurately and fairly.

By focusing on adverse medical information, the MIB helps prevent fraud and ensures that all insurers have a clear understanding of an applicant's health history. This can lead to more informed decision-making when it comes to coverage options and premium settings.