What does HIPAA stand for?

HIPAA stands for the Health Insurance Portability and Accountability Act. This legislation was enacted in 1996 and is primarily focused on ensuring that individuals maintain their health insurance coverage when they change jobs or experience other life changes, which is where the term "portability" comes into play. Additionally, HIPAA establishes national standards to protect sensitive patient health information from being disclosed without the patient's consent or knowledge, thereby ensuring the confidentiality and security of health information.

The other options do not accurately reflect the focus or intent of the legislation. The term "Payment and Assistance" or "Policy" in other choices suggests a different emphasis that is not central to HIPAA's purpose. Therefore, recognizing the correct expansion of HIPAA is vital for understanding its significance in protecting health information and facilitating the continuity of health coverage.