Ever wondered how much will a HIPAA violation cost your Organization/You? The penalties for HIPAA noncompliance are huge; based on the level of negligence it can range from $100 to $50,000 per violation, with a maximum penalty of $1.5 million per year. Lets explore through this infographic types of HIPAA violations, data breaches and penalties involved.
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The Health Insurance Portability and Accountability Act of 1996 (HIPAA) has established rules to protect the privacy and security of personal health information(PHI). Click to know more about HIPAA – Guide to HIPAA Compliance and HIPAA security compliance.
HIPAA Security Rule requires organizations and individuals to implement a set of technical, administrative, physical safeguards when handling PHI. Failure to comply with these requirements can result in civil as well as criminal penalties imposed on health care professionals as well as individuals. With huge penalties in place for HIPAA noncompliance, it is vital for all covered entities to be aware of the the procedures and guidelines while striving to protect patient’s health information always.
