Are you in compliance?

HIPAA

The Health Insurance Portability and Accountability Act (HIPAA) of 1996 ensures that healthcare organizations in the United States will be responsible for the secure electronic transmission of patient information and the secure storage and disposal of that information.

The HIPAA legislation has four primary objectives:

• Ensure health insurance portability by eliminating job lock due to pre-existing medical conditions
• Reduce healthcare fraud and abuse
• Enforce standards for health information
• Guarantee security and privacy of health information

HIPAA Penalties

HIPAA noncompliance can have devastating consequences. It opens you up not only to severe fines and penalties, but also to litigation and negative publicity. Noncompliance can result in the following:

• Civil fines of up to $25,000 a year
• Criminal penalties reaching $250,000 and up to 10 years in prison

Examples of items to shred due to HIPAA:

• Patient medical records
• Billing records
• Prescriptions
• Insurance records
• X-rays
• Computer disks
• Sign-in/Registration forms
• Hard drives

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