MIB Signs Agreement with Industry Leading Comprehensive Health Record Vendor

Connecting to Epic's Chart Gateway, MIB EHR Data Platform Streamlines Underwriting Requirements for the U.S. Life Insurance Industry


RELEASE  |  November 19, 2018

Braintree, MA (November 19, 2018) — MIB, the life insurance industry's most trusted and secure resource for the exchange of underwriting medical information, today announced an agreement with Epic, the leading comprehensive health records system. Under this agreement, MIB's 400 U.S. life insurance members will be able to access electronic health record (EHR) data via Epic's Chart Gateway for life insurance underwriting. This information exchange will occur only after express, HIPAA-compliant permission has been granted by the applicant. Chart Gateway is an Epic service that allows life insurance companies to request and retrieve medical records from healthcare organizations that license Epic's software and use Chart Gateway.

MIB's EHR Data Platform1 introduces a digital workflow that is anticipated to replace today's manual, paper-based medical record retrieval process that constrains risk selection and delays the issuance of life insurance. As the provider of the industry's leading underwriting requirement for more than a century, MIB's industry-wide footprint, security and technology expertise and deep knowledge of applicant-authorized data processes make it the obvious choice to securely deliver EHR data to the life insurance industry. Owned by the insurance carriers it serves, MIB has the resources and the long-term commitment necessary to make electronic health data retrieval and delivery a reality for its members.

"Medical records are the cornerstone of risk assessment in life underwriting, but retrieval of these records today remains an inefficient process ripe for transformation,” said Lee B. Oliphant, MIB President and Chief Executive Officer. “Serving today's life insurance consumer requires swift, accurate underwriting that only digital data can deliver. Structured digital data will be transformational for life insurers—improving consistency, supporting high-quality risk selection with reduced time-to-issue. The availability of applicants' medical information as a structured data stream is a critical advantage for insurers using rules-based decision engines for accelerated underwriting."

MIB plans to expand its EHR footprint by partnering with EHR vendors and others to build a growing source of secure, patient-authorized electronic health data. To learn more about this new platform, speak to your MIB account representative or reach out to info@mib.com.

About MIB
MIB is the life insurance industry's most trusted and secure resource for data-driven risk management services that protect the financial integrity of its members and address their evolving needs. Owned by its members, MIB is uniquely positioned to securely collect and analyze confidential data. MIB services help to detect fraud, errors and omissions on insurance applications; to analyze industry data needed to manage a variety of financial risks; and to make regulatory reporting compliance less onerous and more efficient. MIB Group, Inc., a membership corporation, provides services through its wholly-owned operating subsidiaries, MIB, Inc. and MIB Solutions, Inc. For more information, visit (www.mibgroup.com).


Media Inquiries: David O. Aronson, MIB Group, Inc., 781.751.6136, marketing@mib.com



1 The MIB EHR Data Platform is provided by MIB, Inc. exclusively for member insurers of the MIB Group, Inc.