Tennessee Insurance Practice Exam

To whom may an applicant's medical information from the MIB be furnished?

1. The insurance company only

2. The applicant's physician

3. Any other insurance agent

4. The policy beneficiary

The correct answer is: The applicant's physician

An applicant's medical information from the Medical Information Bureau (MIB) may be furnished to the applicant's physician. This is significant because the physician can utilize this information to provide appropriate medical care and guidance to the patient, ensuring that they are informed of any factors that may affect their health or treatment options. Medical information from the MIB is generally sensitive and protected, which is why access is restricted and regulated. While insurance companies use MIB data to assess risk when underwriting policies, the release of such information to an applicant’s physician prioritizes the well-being of the patient. Other parties, such as insurance agents or beneficiaries, do not typically have the right to access this confidential medical information as it does not directly pertain to the patient's medical care or treatment decisions.