What does HIPAA stand for?

The correct response identifies HIPAA as the Health Insurance Portability and Accountability Act. This act, enacted in 1996, serves a crucial role in the healthcare system by establishing standards for protecting the privacy and security of individuals’ health information.

The "Portability" aspect of HIPAA allows individuals to maintain their health insurance coverage when they change or lose their job, while the "Accountability" aspect ensures that there are appropriate safeguards in place for the handling of personal health information. This is essential in promoting patient rights and maintaining trust in the healthcare system.

The other options include terms that do not accurately represent what HIPAA encompasses or the correct terminology.