|Aug. 3, 2015 | www.fisherphillips.com|
Data breaches with respect to medical information are on the rise, given that such information is generally more valuable on the black market than stolen credit card data. The 2015 breach of healthcare company Anthem, Inc., which saw over 37.5 million records exposed, affected one in four Americans. In addition to the growing threat of data theft, plan sponsors are at a heightened risk of being subject to a HIPAA audit.
Now that the Supreme Court has, for the second time, upheld a major portion of the Affordable Care Act (ACA), it might be a good time to review your practices to ensure you are in compliance.