The Hidden Costs of HIPAA Compliance: Balancing Privacy and Patient… — MISES Institute — TG.ME

The Hidden Costs of HIPAA Compliance: Balancing Privacy and Patient Care Power & Market - Richard W. Fulmer 🗣 Listen to this article • 5:22 min The Health Insurance Portability and Accountability Act (HIPAA) was enacted in 1996 to protect the privacy of patient health information. Its privacy rule restricts access to a patient’s medical records to authorized individuals and limits how information can be shared without patient consent. While the intent of this rule is reasonable—preventing misuse of sensitive medical data—its implementation can come at a steep cost. In practice, HIPAA’s stringent requirements may harm patients, create a chilling effect on medical researchers and healthcare providers, and significantly increase medical costs.