Final answer:
The Medical Information Bureau is an organization that collects and maintains medical information and provides it to insurance companies for underwriting purposes. However, it is not a government agency responsible for regulating medical information.
Step-by-step explanation:
The Medical Information Bureau (MIB) is an organization that collects and maintains medical information on individuals. It provides information to insurance companies for underwriting purposes, helping them assess the risk of insuring an individual. However, the MIB is not a government agency responsible for regulating medical information. Instead, it is an independent organization that helps prevent insurance fraud by sharing information among insurance companies.