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How does MIB work?

April 26, 2017MIB

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How does MIB work?

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MIB is a membership association of approximately 600 companies. When an underwriter at a member company has an applicant with a condition considered to be significant to his or her risk classification, this information is then reported to MIB in the form of a code. MIB does not receive the applicant’s entire medical record. The record is nothing more than a “red flag” to alert an underwriter to look closer. The underwriter must make a determination of whether or not the condition is significant. The record is kept on file for 7 years.