Which of the following is NOT an obligation for a producer when taking an individual health insurance application?

In the context of a producer's responsibilities when taking an individual health insurance application, understanding what is considered an obligation is crucial. Establishing insurance company reserves is primarily the responsibility of the insurance company itself, not the producer. Reserves are funds set aside by the insurer to pay for future claims and are based on actuarial analyses and company policies.

Conversely, the other obligations listed are directly relevant to the producer's role. Submitting the premium with the application impacts the binding of the policy and coverage start date, which is vital information for both the producer and the applicant. Being aware of all aspects of the coverage applied for is essential for the producer so they can properly advise the applicant and ensure they understand what they are purchasing. Additionally, compliance with the Federal Fair Credit Reporting Act is important for the producer to facilitate the fair treatment of applicants, particularly relating to credit inquiries that may impact underwriting decisions.

Therefore, only the establishment of insurance company reserves does not fall under the obligations of a producer when handling an individual health insurance application.