HIPAA: Information on Health Insurance Portability and Accountability Act

PRLog (Press Release) - Oct. 18, 2012 - Health insurance policy is generally available through the company for its employees but there may be situations in which you need to buy your own health insurance policy. It happens when person is unemployed and health coverage plans are expired that the person is using. It is not a good idea to live without health insurance coverage. Here, the person either gets self employed health coverage or may go for short term health coverage plans.

If you stay without health security then you may face worst financial situation in case of catastrophic disease or may also face life threatening in worse situation. It is also important to know that a person without private medical insurance(http://www.privatehealthinsurance247.co.uk/) coverage for 63 or more days will lose some of HIPAA protections and rights. Individuals who are eligible for HIPAA have right to purchase individual coverage.

Eligibility criteria for HIPAA are:
•   Applicant should be at least 18 months under heath care security without any break
•   Most recent insurance plan should be under group plan
•   Applicant should not be eligible to get insurance coverage under another group coverage
•   The plan should not be terminated due to non-payment of premium or fraud inside the plan
•   Applicant should not be eligible for Medicaid or Medicare
•   If you are under COBRA coverage or state health care plans

These are eligibility requirements of HIPAA. There is something that not included in this act. HIPAA can’t do the things like:
•   It is not to regulate rates on premium amount
•   Coverage group plan offers are also not regulated through this
•   It is not necessary that employer provide group health insurance coverage to their employees.
•   It is also not necessary that company’ health care plan include coverage for family and dependent

HIPAA provide right to get private health insurance coverage to individuals but if there is break in insurance coverage for 63 days or more than 63 days then it will cause loss of rights and protections of HIPAA. Applicant is also eligible to make free request for the certificate of creditable coverage from former insurance provider and the request also contains the length of time in which the person was insured under the plan provided by that company.

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