The Health Insurance Portability And Accountability Act Of 1996 Essay

The Health Insurance Portability And Accountability Act Of 1996 Essay

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Introduction
With the advancement of technology and the ever increasing use of social media, our lives our displayed for the world to see. With more and more sites asking us for information, such as name, gender, age, location, and more, our privacy is diminishing. One of the few things most private to some is their health information. Our confidential health and medical information is very personal, and in the wrong hands it can be used to commit fraud. The Health Insurance Portability and Accountability Act of 1996 (Understanding) was created to help combat and defend us from fraud. The healthcare industry is one of the many that generates billions of dollars in revenue each year, and information can be used to commit acts of felony. The law highlights and stipulates as to how confidential healthcare information shall be handled. By providing guidelines, it provides procedures to follow but also consequences if violated. Violation could include legal action, fines, and even imprisonment if severe enough. Another important section of the policy stipulates how health insurance will be handled in the case of job change, loss of employment, and more. The health and well-being of America’s citizens is important, and HIPAA is there to make sure it is prioritized. The objective of this policy paper is to break down HIPAA, conducting an analysis of its necessity and overall effect. From its conception, to creation, to implementation, and further, this paper will analyze the impact the law had on businesses and society at large. By gathering an understanding of the policy’s strengths, weaknesses, and challenges faced, we can gain more insight as to the importance and magnitude of this law.
History of the Act
Technology and electronics...


... middle of paper ...


...IPAA, I believe that the overall impact was positive and the policy to be effective. By aggressively tackling fraud, HIPAA is able to protect patients and their confidential information. Policies now regulate how personnel can access information and what they can do with it. Severe punishments follow for those that violate these regulations, deterring many from attempting to do so. The Department of Health and Human Services reported in a 2013 press release that HIPAA has helped recover over $25.9 billion to the Medicare Trust Funds and Treasury (News). Not only are hardworking citizens retaining their health insurance, but money lost from fraud is being recovered at astounding rates. These recoveries are at an all-time high, sending a convincing message to those attempting to take advantage of others that HIPAA is out to combat any forms of health-related deception.

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