You check your credit report - But what about your medical report ?

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Many people believe that their personal medical records are saved in those grey metal filing cabinets at their local doctor, however you may not be aware that your medical records are likely in "Cyber Space", more specifically at a company called MIB.

Similar to credit information being shared with banks, mortgage companies and auto dealerships, your personal medical history is likely being shared with insurance companies using a system called MIB, aka Medical Information Bureau.

This data is collected in a number of ways. MIB maintains a database for Members to exchange confidential information of underwriting significance when an individual applies for life, health, disability income, long-term care or critical illness insurance. As part of the underwriting process, an applicant provides information to the member company. Additionally, the insurance company may obtain your medical records along with other underwriting requirements, often through your doctor's attending physician statement (APS). Any information that has significance in the underwriting process may be reported to MIB, including why you went to the doctor, medical procedures, recommendations and any other items of interest that may affect how the insurance company will rate your future claims liability.

While there is a need for checks and balances to maintain stable insurance rates within the industry, you should be aware of your privacy rights and check your personal medical history through Information over 7 years old should be purged. This information is important for you to know before applying for your next insurance policy.

Vincent Kody is a insurance consultant at Vince is also an advocate for his clients insurance well being, fair underwriting practices and rate negotiation.

Posted by

Vincent Kody
Insurance Company Insider


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Frances C. Rokicki
Fran Rokicki Realty, LLC - Bolton, CT

Wow!  That is information to check on.  Thank you for the heads up:)

It's a Good Life!


Feb 22, 2008 11:30 AM #1
Michelle Rottach
RE/MAX Elite Homes - Bettendorf, IA
Scott County Iowa Real Estate
I had no idea about this - I am going to call for the report tomorrow. Thanks for the information.
Feb 22, 2008 11:32 AM #2
Pam Joffe
Solaris Realty - Tampa, FL
Vincent- Thanks for the information, I will check on my report and let my agents know to call for their report.
Feb 22, 2008 11:41 AM #3
Dwayne West
Atlanta Real Estate - Canton, GA
Canton Georgia Real Estate

This has never crossed my mind. I would be curious to see what is on my medical record for the past 7 years

Feb 22, 2008 11:52 AM #4
Julie Chapman
DR Horton - Ormond Beach, FL
New Homes Sales Ormond, New Smyrna, Daytona Be
I took an insurance course recently and this information is shared among insurance companies to hedge their losses......they share information you put on insurance applications, etc......
Feb 22, 2008 11:55 AM #5
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