FT MarketWatch

Health Insurance Portability and Accountability Act

HIPAA. A law mandating that anyone belonging to a group Health insurance plan must be allowed to purchase Health insurance within an interval of time beginning when the previous Coverage is lost. The law protects employees, especially those with Long term health conditions who may be reluctant to leave jobs because they are afraid pre-existing condition clauses will limit Coverage of any such conditions under a new Insurance plan, from losing Health insurance due a change in employment status.

Related Terms: 13 Coverage, CTA, Cover, Dating, ECI, FRA, Health insurance, Insurance, Long, Low, Owe, Purchase, Term
Other Related Pages: Category: Law_and_Estate_Planning Starting With: H
Additional Related Terms: 52-week low, 401(k) plan, 403(b) plan, 457 plan, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call