Health and Life Insurance

Category - Health and Dental

The legislation that mandated certain privacy rules and practices for medical care providers and health insurance companies is known as __________. This was also created in an effort to streamline the health care and insurance industries and to protect the identity and privacy of consumers who receive such care.
  1. TEFRA
  2. TAMRA
  3. ERISA
  4. HIPAA
Explanation
Answer: D - The legislation that mandated certain privacy rules and practices for medical care providers and health insurance companies is known as HIPAA, or the Health Insurance Portability and Accountability Act. This was also created in an effort to streamline the health care and insurance industries and to protect the identity and the privacy of those consumers who receive such care. This act also provides additional protections for health care consumers who experience problems obtaining and/or retaining their health insurance coverage in certain instances.
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