Health Insurance Portability and Accountability Act (HIPAA) of 1996
The Health Insurance Portability and Accountability Act (HIPAA) of 1996 regulates the healthcare industry in the United States and assures that healthcare organizations will be responsible for the secure electronic transmission, secure storage and disposal of patient information. Basically this means that all paperwaste containing patient information is required to be properly destroyed before being discarded.
The HIPAA legislation has four primary objectives:
- Assure health insurance portability by eliminating job-lock due to pre-existing medical conditions
- Reduce healthcare fraud and abuse
- Enforce standards for health information
- Guarantee security and privacy of health information
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