Management Glossary

  Search Results: Health Insurance Portability and Accountability Act
Health Insurance Portability and Accountability Act

A U.S. law that is designed to, as the preamble to it states, "amend the Internal Revenue Code of 1986 to improve portability and continuity of health insurance coverage in the group and individual markets, to combat waste, fraud, and abuse in health insurance and health care delivery, to promote the use of medical savings accounts, to improve access to long-term care services and coverage, to simplify the administration of health insurance, and for other purposes."

The act is more often referred to by its acronym, HIPAA.

HIPAA affects not just health insurers and health care providers but also any organization or individual who manages, stores or handles health-related information.

Contributed by: Managerwise Staff

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