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Definition:
HIPAA
HIPAA, which stands for the
American Health Insurance Portability and Accountability
Act of 1996, is a set of rules to be followed by
doctors, hospitals and other health care providers.
HIPAA took effect on April 14, 2006. HIPAA helps ensure
that all medical records, medical billing, and patient
accounts meet certain consistent standards with regard
to documentation, handling and privacy.
In addition, HIPAA requires
that all patients be able access their own medical
records, correct errors or omissions, and be informed
how personal information is shared used. Other
provisions involve notification of privacy procedures to
the patient. HIPAA provisions that have led in many
cases to extensive overhauling with regard to medical
records and billing systems.
However, it can be frustrating
wading through online information on HIPAA. This website
can help you become more educated about this important
subject. In this way, you can be better informed when
contacting HIPAA consultants.
What are the main objectives
of HIPAA?
1. Accountability. HIPAA hopefully will reduce
waste, fraud, and abuse. New penalties will be imposed.
2. Insurance Reform. HIPAA offers continuity and
portability of health insurance, as well as providing
limits on pre-existing provisions.
3. Administrative simplification. HIPAA mandates
standards on electronic data transactions in a
confidential and secure manner.
What are the HIPPA compliance
deadlines?
1. Privacy Rule: April
14, 2006
2. Transactions & Code Set Rule: October 16,
2006
3. Security Rule: April 21, 2006
(Note: The deadline dates are one year later for small
businesses) |