Applicant Misrepresentation Has Met its Match
"MIB lets us more accurately identify risks upfront, price appropriately, and mitigate the problem of rescission or reformation significantly."
- Buddy Ehart, AVP, Underwriting
The MIB Checking Service helps protect your company against the cost of unexpected early claims so you can rate and rider policies more commensurate with risk. It provides for the confidential exchange of coded medical underwriting information between its member companies. Members use the Checking Service1 to compare an individual's answers to health questions on the application to information in the MIB database. This exchange of information helps detect and deter fraud by applicants who omit or seek to conceal facts about their medical conditions that are essential to the underwriting process while ensuring fair pricing for all applicants.
MIB saved one health insurer $49 for every dollar they invested. Let us help you save your company hundreds of thousands or even millions of dollars each year. The MIB Checking Service lets you issue with confidence.
Protective Value Study
Milliman confirms one health insurer saved $49 for every $1 invested in MIB2.
AHIP Coverage
Avoid misrepresentation of medical history.
Managed Healthcare Executive
Finding fraud – it's what isn't there that will cost you.
1 Operated by MIB, Inc.
2 These results are specific to one insurer and are subject to caveats and assumptions fully detailed in Milliman's report. Actual results will vary.