The Health Insurance Portability and Accountability Act (HIPAA) of 1996 is a federal law designed to modernize and streamline healthcare information, define personally identifiable information (PFI) maintained in order to prevent fraud and address health insurance coverage limitations.
The Act consists of five titles:
Title I: Health Care Access, Portability, and Renewability
Title II: Preventing Health Care Fraud and Abuse; Administrative Simplification; Medical Liability Reform
Title III: Tax-related health provisions governing medical savings accounts
Title IV: Application and enforcement of group health insurance requirements
Title V: Revenue offset governing tax deductions for employers