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The HIPAA Privacy market is a subset of the health insurance industry that focuses on protecting the privacy of individuals' health information. It is governed by the Health Insurance Portability and Accountability Act (HIPAA) of 1996, which sets standards for the use and disclosure of protected health information (PHI). The HIPAA Privacy Rule requires covered entities, such as health plans, health care clearinghouses, and certain health care providers, to protect the privacy of PHI. The Rule also sets limits and conditions on the uses and disclosures of PHI that may be made without patient authorization.
The HIPAA Privacy market is a highly regulated industry, with organizations required to comply with the HIPAA Privacy Rule and other applicable laws. Companies in the market include health plans, health care clearinghouses, and certain health care providers, as well as vendors that provide services to these organizations, such as software and consulting firms. Examples of companies in the HIPAA Privacy market include Aetna, Cigna, Humana, UnitedHealth Group, and Blue Cross Blue Shield. Show Less Read more