Benefits of HIPPA
The health insurance accountability and portability is a statutory act that was designed to protect the rights and privacy of personal health information. For that reason many hospitals nowadays provide a security number to all guests and family members who wish to see a patient. In addition, the number also allows some family members to receive regular updates on the progress of the patient. Here are the common benefits of the HIPPA legislative act:
1. Induce competence
Various computer systems that are associated with different administrative departments and physicians have been introduced in many hospitals. Transactions between the applicants and providers is now safer and faster than ever before, and hence conveying biological related information has become more comprehensive and accurate.
2. Cut Costs
With the HIPPA legislative act into effect, physicians are now in a position to get soft wares at affordable prices from vendors. For that reason, the fall in rates subsequently reduce the costs incurred toward mails, telephone calls and fax messages. In addition, cheap coverage designs also lessen the premium costs for prospective consumers.
3. Rule out exploitations and scams
Once all fraudulent scams are restricted by the modern profiling system, physicians are now in a position to create a network of trust among themselves Furthermore, suspicious fraudulent practices are tracked and curbed with modern applications and coding in place.
4. Ensure confidentiality and safety
With introduction of new modern solution, physicians are now equipped to ensure personal health information is not violated in any way. Physicians and hospital staff members are required to follow all the rules stipulated under the HIPPA legislative act.
The HPPA legislative act has restrictions as well, one of them being that they only apply to patients with pre-existing health conditions. For instance, if the previous plan offered coverage for your liver condition, your new insurer is not liable to cover you existing condition when you decide to avail a new health plan.