PSI Life Exam Practice Test

What must the authorization to obtain an applicant's medical information include?

1. The applicant's consent for any inquiry

2. The insurer's decision timeline for eligibility

3. The applicant's previous medical history

4. The range of medical records to be requested

The correct answer is: The insurer's decision timeline for eligibility

The correct choice highlights a crucial aspect of the authorization process for obtaining an applicant's medical information. It is essential for the authorization to clearly define the timeframe within which the insurer will make a decision regarding eligibility. This transparency helps maintain trust in the process by allowing the applicant to understand when they might expect a response about their coverage, ensuring that they are informed and can make necessary plans based on that information. By specifying a decision timeline, it also aligns with regulatory requirements and best practices in the industry, where timely communication is paramount. Providing this timeline can reduce anxiety for the applicant and foster a smoother interaction between the insurer and the insured, making the process more efficient for both parties involved. While other options contain relevant elements in the context of medical information requests, they do not address this critical communicative component as thoroughly. Having an authorization that lays out decision timelines enhances clarity and assists in managing the expectations of applicants regarding their applications for insurance coverage.