Explores the history, economic principles and legislative and regulatory influences of the Health Insurance Portability and Accountability Act (HIPAA).
Written in 2004; 1,070 words; 4 sources; APA; $ 37.95
Paper Summary:
This paper explains that the Health Insurance Portability and Accountability Act of 1996 (HIPAA) required that the Secretary of Health and Human Services (HHS) propose federal standards protecting the privacy of individually identifiable health information by August 21, 1997. The paper then provides historical background information on the Act and points out that with everything, there is a cost associated with it and this includes the HIPAA. The paper then examines these costs by applying economic principles to the Act and explains that these principles help predict how overall cost will be impacted. The paper also discusses the legislative and regulatory influences of HIPPA. The paper concludes that the instillation of this act has had a great economic impact upon our nation's federal budget.
Table of Contents:
Historical Background
Economic Principles
Legislative and Regulatory Influences
Conclusion
From the Paper:
"Human resources as well as fiscal resources are needed to meet the demands associated with HIPAA compliance. Human resources are the staff assigned to task related to HIPAA compliance; these resources include consultants, policy developers, information technology staff and any additional staff required to ensure compliance. The fiscal resources are the funds or revenue available and allocated for implementation and maintenance of HIPAA compliance. The availability of these resources will impact the degree of compliance an organization will be able to maintain in relation to HIPAA."
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