What organization collects medical data on life and health insurance applicants?

The Medical Information Bureau (MIB) is the organization that collects and maintains medical data on life and health insurance applicants. Insurers use the MIB to assess risk and make informed underwriting decisions. The data collected includes information related to an applicant’s health history and medical conditions, which can help insurance companies evaluate the potential risk associated with insuring an individual.

The MIB serves as a centralized database that aids insurers in avoiding fraud and ensuring that they have accurate and comprehensive information when determining premiums and coverage options. This process ultimately helps to streamline the underwriting process and contribute to the overall efficiency of life and health insurance operations.