What does HIPAA stand for?

HIPAA stands for the Health Insurance Portability and Accountability Act. This legislation, enacted in 1996, primarily aims to enhance the efficiency and effectiveness of the healthcare system by establishing standards for the electronic exchange of health information. It also focuses on protecting the privacy and security of individuals' medical records and other personal health information.

The correct choice accurately reflects the full title of the act, which emphasizes both the portability of health insurance for individuals—meaning that employees can maintain their health coverage when they change jobs—and the accountability aspects related to safeguarding sensitive health information. Understanding the precise definition and intent of HIPAA is crucial for navigating compliance in healthcare settings and protecting patient rights.