Rhode Island Life Insurance Practice Exam

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What type of information might a Medical Information Bureau (MIB) report disclose?

Prior use of marijuana
Employment history
Detailed medical history
Life expectancy estimates

The correct answer is: Prior use of marijuana

A Medical Information Bureau (MIB) report primarily discloses medical information that can impact an individual's life insurance eligibility and underwriting process. This includes medical conditions, prior treatment history, and habits that may affect health outcomes. Therefore, prior use of marijuana is relevant information that could be reported by the MIB. This is because insurers need to assess risk factors associated with applicants, and substance use history is a key component in that risk assessment. While employment history, detailed medical history, and life expectancy estimates might seem relevant, the MIB focuses more on medical information rather than non-medical factors or broader predictive factors such as life expectancy. The MIB aids insurers by providing a means to access medical-related records that could reflect past health behaviors or conditions, thus influencing underwriting decisions.