Medical Information Bureau (MIB) is an agency that provides insurance companies with crucial data on an individual’s health history. You may have never heard of MIB, but they most likely know about you. Whenever you apply for life, health, disability or long-term care insurance, the insurer will likely access MIB’s database to know more about your health history.
One way insurance companies can access MIB’s data is by calling their phone number. So, what do you need to know about this service?
First off, MIB doesn’t actually offer any insurance policies. They are simply a third-party agency that collects and stores medical data for insurers. The MIB phone number is a direct line that insurance companies can use to get access to this data. This information includes details about your medical test results, prescriptions, hospital visits, and any applications for coverage in the past.
When an insurer contacts MIB by phone, they will be asked to provide the applicant’s personal information and the reason for the call. MIB verifies this information and then provides the insurer with a report of the applicant’s medical history.
You may be wondering how to access your own medical history from MIB. While you can’t directly request your information from them, you have the right to access your own medical records. You can request these records from your healthcare provider or the insurance companies that have requested the data from MIB.
It’s essential to note that MIB can only share information that you provided on previous insurance applications. Information from your medical records that was not shared with MIB is not available to insurance companies through their MIB report.
So, why does this matter? Insurers use MIB’s reports to assess an applicant’s health risks and potential costs. If an applicant’s medical history suggests high risk, the insurer may increase the premiums or ask for more medical tests before agreeing to provide coverage. It’s important to note that MIB reports don’t impact your credit score or harm your ability to get insurance.
In conclusion, the Medical Information Bureau phone number is a tool used by insurance companies to access medical data. While this may seem invasive, it’s necessary for insurers to assess risks and offer fair premiums. Knowing how MIB works can help you feel more confident and informed when applying for insurance. If you have any further questions, it’s best to consult with your insurance agent or MIB directly.
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