HIPAA Benefits

HIPAA Benefits

Significant resources need to be invested over the next several years to achieve compliance with the HIPAA legislation and to realize the long-term benefits. The benefits of HIPAA include: · Lowering administrative costs · Improved efficiency for patients and providers · Increasing customer satisfaction · Improved security and privacy of information Who does HIPAA affect?Health insurers Doctors Hospitals Employers who provide health insurance Life insurers Anyone who uses health care or health insurance Public health authorities medical billing servicesInformation system vendors

Penalties for Failure to Comply with HIPAA

The legislation carries heavy civil and criminal penalties for failure to comply. US DHHS Office for Civil Rights will enforce civil penalties that may include penalties from $100 per violation to $25,000 per calendar year. US Department of Justice will enforce criminal penalties which may include up to 10 years imprisonment and a $250,000 fine.

 

 

31 July 2009 | Health