What type of information does the MIB maintain about individuals?

The MIB, or Medical Information Bureau, maintains a database specifically focused on adverse medical information about individuals. This includes details such as medical conditions, treatments, and prescription histories that may affect an individual’s insurability or the risk profile for issuing insurance coverage.

Insurance companies often use this information to assess risk and make underwriting decisions. By consolidating such medical information, the MIB helps insurers ensure that they are aware of any significant health issues that could impact the likelihood of claims being made against a policy. This is crucial for maintaining the integrity of the insurance process, as it prevents misrepresentation or incomplete disclosures by applicants.

In contrast to this, employment history, previous claims, insurance premium rates, and personal identification data do not fall within the primary focus of the MIB's function and typical data collection. Their role centers specifically on the medical aspects of an individual’s history as related to risk assessment in insurance.