Resources for Health Insurance Portability and Accountability Act (HIPAA)

HIPAA requirements will increase costs

www.businessinsurance.com

THE NEW ECONOMIC STIMULUS law intended to help the country recover from the deepening recession includes new notification requirements and penalties for violating the Health Insurance Portability and Accountability Act.
Is this attempt to tighten medical privacy a good thing for employers? Yes and no. HIPAA was enacted in 1996, and its medical records privacy provisions went into effect in 2003. The law made sensitive health information more difficult to access, but it also added unforeseen hassles to the provision of medical care and implemented penalties for unauthorized release of medical data.

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