Question

In: Economics

Provide a brief description of HIPPA, GDPR.with regards to legal privacy When were the regulations established,...

Provide a brief description of HIPPA, GDPR.with regards to legal privacy

When were the regulations established,

Why were they created

What industry do they regulate,

What organization in that industry must do to comply with the regulations

How are the regulations enforced?

Solutions

Expert Solution

When are the regulation established?

  • HIPPA - HIPPA was established on 21st August 1996 and was signed by President Bill Clinton
  • GDPR - GDPR was established on 25th May 2018 and was enforced by Information commisioner officer

Why are they created ?

  • HIPPA - HIPPA Was created to ensure that all employees must retain health coverage insurance at the time of their jobs and also to improve the portability of health insurance coverage
  • GDPR - GDPR was established in order to harmonise the data privacy laws to all its member countries and also to provide protection to individuals

What industry do they regulate ?

  • HIPPA - HIPPA specially regulate the healthcare industry which also includes medical care and treatment
  • GDPR - GDPR regulate the European union industry inside as well outside those who deals in goods and services

What organisation in that industry must do to comply with regulations?

  • HIPPA - For complying with HIPPA , organisation firstly put someone incharge so as to assign the HIPPA Regulation .Secondly , they need to keep thr health organisation protected and secure . Thirdly they need to implement the office policy and procedures and train their staff Fourth , inform the patients for their rights
  • GDPR - For complying with GDPR , organisation must firstly secure the data of European unions and then set the consumer right regarding that data.

How are the regulation imposed ?

  • HIPPA - Before implementation of HIPPA , the employee who were working were not covered ynder the health insurance scheme due to which HIPPA came into existence
  • GDPR - before implementation nof GDPR there was no security of data as well individual need to write their own data protection laws , so in order to solve this GDPR came into existence which created the security for law to all EU members uniformly

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