• HIPAA Regulations and Financial Institutions: What You Need to Know Now
  • May 2, 2003 | Author: Kerry A. Kearney
  • Law Firm: Reed Smith LLP - Pittsburgh Office
  • The Health Insurance Portability and Accountability Act of 1996 ("HIPAA") has been of concern to the health care industry for years. Because of looming compliance deadlines (October 16, 2002 for EDI Rules and April 14, 2003 for Privacy Rules) and substantial penalties for non-compliance, financial institutions quickly need to assess if and how they may be subject to HIPAA regulations.