Which of the following statements pertaining to the Medical Information Bureau (MIB) is NOT correct?
A) The purpose of the MIB is to help prevent fraud and to serve as a reliable source of important medical information about insurance applicants.
B) Applicants must sign authorization forms for information from the MIB files to be given to a member company.
C) The MIB is organized and supported by private hospitals.
D) Applicants for life insurance must be informed in writing that the insurer may make a report on their health to the MIB."
Answer: C) The MIB is organized and supported by private hospitals.
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