For this case, please discuss financial implications of the problem.of health care/HIPPA PRIVACY LAWS How would you look at these in the context of an organization? What does the literature say
please discuss ethical and legal implications of the health care management issue CONCERNING PRIVACY LAWS AND HIPPA LAWS
At least two references should be included from academic sources (e.g. peer-reviewed journal articles).
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Financial implications of HIPAA Privacy Rule:
The Health Insurance Portability and Accountability Act provide federal standards aimed at protecting an individual's medical information by setting guidelines on use and release of health information thus providing privacy. HIPAA also aims at improving health insurance coverage, delivery, portability and continuity (Arora & Pimentel, 2005).The rule affects covered entities that include healthcare providers, health plans and clearing houses that handle health information (Hoppszallern & Hughes, 2002).
Hoppszallern & Hughes (2002) provide that HIPAA laws require covered entities to adopt adequate privacy procedures, provide patients with information on their privacy rights, assign an individual responsible for ensuring that privacy rules are adopted and followed, and also to train employees on privacy procedures. The requirements imposed on covered entities have significant implications on covered entities especially on financials and procedures followed.
According to Lageman & Melick (2001), HIPAA places a large burden on covered entities as the organizations comply with HIPAA directives. The estimated cost of becoming HIPAA compliant varies whereby entities such as American Hospital Association estimating at $ 8.2 billion while First Consulting Group place the cost at $ 22.5 billion (Lageman & Melick, 2001). Arora & Pimentel (2005) provide that the average cost of compliance is $ 3.1 million for an organization.
Financial implications of HIPAA can be classified into administrative, technical security, and physical ...
HIPPA privacy laws are examined. The ethical and legal implications of the health care management issues Concerning privacy laws and HIPPA laws are examined.