What is HIPAA?HIPAA is the acronym of the Health Insurance Portability and Accountability Act of 1996. The main purpose of this federal statute was to help consumers maintain their insurance coverage, but it also includes a separate set of provisions called Administrative Simplification. This section of the act is aimed at improving the efficiency and effectiveness of the health care system. The key components of Administrative Simplification include:
Standardized electronic transmission of common administrative and financial transactions (such as billing and payments)
Unique health identifiers for individuals, employers, health plans, and heath care providers
Privacy and security standards to protect the confidentiality and integrity of individually identifiable health information
Standardized electronic transmission of common administrative and financial transactions (such as billing and payments)
Unique health identifiers for individuals, employers, health plans, and heath care providers
Privacy and security standards to protect the confidentiality and integrity of individually identifiable health information
