Employers who do not comply with healthcare privacy issues may face increased government scrutiny and fines. The Health Insurance Portability and Accountability Act (HIPAA) requires covered entities to maintain the privacy of personal health information (PHI). The Department of Health and Human Services (HHS) has recently imposed fines of over $1 million against companies in violation of HIPAA, highlighting the need for businesses to ensure they are in compliance. It is recommended that employers designate a HIPAA compliance officer, create privacy and security policies, and conduct annual reviews to prevent potential audits and penalties.
Is Mark Cuban Wrong About Employers, PBMs and Drug Prices?
The billionaire Mark Cuban whose Cost Plus Drugs company has been shaking up the world of prescription drug coverage minces no words when it comes
