(Health Insurance Portability and Accountability Act of 1996)
HIPAA (Health Insurance Portability and Accountability Act of 1996) is United States legislation that provides data privacy and security provisions for safeguarding medical information. The law has emerged into greater prominence in recent years with the proliferation of health data breaches caused by cyberattacks and ransomware attacks on health insurers and providers.
Title I protects health insurance coverage for individuals who lose or change jobs. It also prohibits group health plans from denying coverage to individuals with specific diseases and pre-existing conditions, and from setting lifetime coverage limits.
Title II: HIPAA Administrative Simplification
Title II directs the U.S. Department of Health and Human Services (HHS) to establish national standards for processing electronic healthcare transactions. It also requires healthcare organizations to implement secure electronic access to health data and to remain in compliance with privacy regulations set by HHS.
Title III: HIPAA Tax-Related Health Provisions
Title III includes tax-related provisions and guidelines for medical care.
Title IV: Application and Enforcement of Group Health Plan Requirements
Title IV further defines health insurance reform, including provisions for individuals with pre-existing conditions and those seeking continued coverage.
Title V: Revenue Offsets
Title V includes provisions on company-owned life insurance and the treatment of those who lose their U.S. citizenship for income tax purposes.