What is HIPAA?
HIPAA is the acronym for the Health Insurance Portability and Accountability Act passed by Congress in 1996. HIPAA helps by:
- Providing the ability to transfer and continue health insurance coverage for millions of American workers and their families when they change or lose their jobs;
- Reducing health care fraud and abuse;
- Mandating industry-wide standards for health care information on electronic billing and other processes;
- Requiring the protection and confidential handling of protected health information
HIPAA compliance is relevant to Covered Entities and Business Associates. Covered Entities include the following:
- Healthcare providers - Hospitals, doctors, clinics, psychologists, dentists, chiropractors, nursing homes, and pharmacies
- Health plans - health insurance companies, HMOs, company health plans, Medicare, and Medicaid
- Healthcare clearinghouses - an entity that takes in information from a healthcare entity, puts the data into a standard format, and then returns the information to another healthcare entity.
Business Associates are vendors or subcontractors who have access to private health information (PHI). If your company stores or processes PHI, you should be HIPAA compliant.
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As an authorized reseller, Vanta’s pre-built HITRUST solution natively includes the necessary controls, documents, and policies - eliminating the manual “do-it-yourself” approach that other platforms require. Curious to see this in action? Join Vanta and HITRUST for a live session!
As an authorized reseller, Vanta’s pre-built HITRUST solution natively includes the necessary controls, documents, and policies - eliminating the manual “do-it-yourself” approach that other platforms require. Curious to see this in action? Join Vanta and HITRUST for a live session!
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Watch our webinar with Traffyk.ai as we demystify the compliance process. We will explore how Traffyk.ai, a SaaS Employee Communications Performance Platform, leveraged Vanta’s automation to streamline their ISO 27001 certification process, ultimately helping them secure enterprise clients.
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