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Applicant Misrepresentation Has Met its Match
The MIB Checking Service is the fastest, most effective way to prevent omissions and material misrepresentations on insurance applications. It’s the only method available during underwriting to help you immediately confirm whether the information applicants provide is accurate and complete.
The MIB Checking Service protects your company against the cost of early claims and helps you rate and rider policies commensurate with risk. A Milliman Protective Value Study confirms that MIB can improve a health insurer’s loss ratio by 6 percentage points; a savings of $49 for every $1 you invest1.
MIB saved the insurance industry over a billion dollars last year. And we can save your company hundreds of thousands, if not millions of dollars each year. The MIB Checking Service...it’s the best insurance for insurance applications.
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"MIB helps protect us from misrepresentations that would otherwise be difficult or even impossible to identify. It saves us from outlays that could total in the tens or even hundreds of thousands of dollars in the first year alone."
- Buddy Ehart, Chief Underwriter  |
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MIB Solutions, Inc. is the exclusive marketing agent of MIB Inc.'s Checking Service to health insurers and plans.
1 These results are specific to one insurer and are subject to caveats and assumptions fully detailed in Milliman's report. Actual results will vary. |