The Health Care Industry's Role in the Economy of the Country

Universities stemmed some of the biggest medical advances in the health care industry amongst the world. The educational platform for the United States spells long term success for health care, by growing the next generation of top health care providers. In comparison Germany and Canada also are represented amongst the top 50 medical schools in the world, but lack any representation of the top 10 prestige rankings. On top of that, both other countries lack volume and opportunity to receive a valued medical education when compared to the United States.

The primary goal of the Privacy Rule is to protect the individual’s health information from improper use and at the same time allowing the transfer of health information that will deliver and stimulate high quality health care. The Privacy Rule, affect health plans, health care clearinghouses, as well as health care provider who provide health information in electronic method in association with transactions for which the Secretary of HHS has adopted standards under HIPAA (HHS.gov, 2008).

Continuous and life-long learning- Unlike other professions in healthcare field one has to keep in pace with the updates going on, know the new technology,

Data Protection Act: Patient information has to be kept private. Health care professionals and their affiltes must not allow unauthorised access to sensitive patient information. The Health information portability and accountability act of 1996, also known as HIPAA, contains a clause designed to protect patient privacy. The rules ensure that health care professionals take prudent steps to protect the confidentiality of communications with individual patients. Patients can also request that health care professionals correct may inaccurate person health information in their records.

Another law and regulation currently faced by the Center for Disease Control is Health Information Privacy (HIPAA). "The HIPAA Privacy Rule provides federal protections for personal health information held by covered entities and gives patients an array of rights with respect to that information" (US Department of Health and Human Services). All of us believe our medical and other health information is private. Most of us believe our health information should be protected. We want to know who has that information. The privacy gives a person rights over his health information and sets rules and limits on who can look at it. This is a federal law. Health plans and most health care providers must follow these laws. There are organizations that do not have to follow the Privacy and Security Rules. Those organizations include life insurers, employers, many schools, school districts, and many law enforcement agencies. Other organizations are included.

With the healthcare that have changed as a result of the Hipaa privacy law, rules, and regulations. Hipaa privacy law is to protect the patient health records, and Privacy, governing access, use, and disclosure. With the privacy rule protection consistent set of standards affecting the providers, health plans. With noncompliance or penalties want to contact the authority, law enforcement.

HIPAA privacy law set rules and regulations within healthcare. Many of the processes were changed. Now there are security standards in place that protect the confidentiality and privacy of the patient health record. Patients have more rights and privacy protection to access their own PHI. The HIPAA Privacy Rule contains provisions relating to the prevention of medical malpractice, fraud, and abuse.

HIPPA set standards for the electronic exchange of patient information, including protecting the privacy of such records. The U.S. Department of Health and Human Services brought about the Privacy Rule to implement procedures for privacy included in the law, and its Office of Civil Rights is in charge of enforcing it. Since the Privacy Rule went into effect in April 2003, it has become more difficult for reporters to get information about individuals' health care. Providers must know these laws and where the boundaries lay to keep in compliance with HIPPA, with integrated care a lot of providers are linking together in such a way that they are able to still share information and be in compliance with the regulations of HIPPA. In the field of social work lots of private information is divulged to social workers and it is their legal and ethical responsibility to understand how and where that information can be shared.

In light of these new traits of the society, the health care sector must develop itself and address the new needs of the society. Furthermore, these new needs are not only shaped by the changes in the life style of the population, but other traits as well. For instance, at a demographic level, it is noted that the population ages at a rapid rate and requires more health care. Then, at an economic level, it is noted how the internationalized economic crisis poses new threats and limits the population's access to health care.

Most rules and regulations are put in place to make the sure the patient’s confidentiality and healthcare information is protected. This keeps hospitals, insurances, clinics and clearinghouses under medical liability with patients in case if they release any information without the patient’s informed or implied consent.

What are the Federal laws governing your medical records? On March 26, 2013, HHS adopted a HIPAA final rule that included the Privacy Rule or Standards for Privacy of Individually Identifiable Health Information as it is formally known. The law prevents the disclosure of protected health information or PHI unless you or your representative authorize it in writing or as required by law. Covered entities, health plans and their business associates and health clearinghouses are covered by this law. Health care providers include physicians, dentists, psychologists, clinics, pharmacies, nursing homes, and chiropractors who transmit PHI in electronic form for any transaction for which HHS has a standard. Health plans include: HMO’s, health insurance companies, company health plans and government health programs such as Medicare, Medicaid, military and veterans care plans.

Healthcare industry in United States has been an important industry for a long time. It is one such industry that has representation from both public sector and private sector. The current health care system is segregated and fragmented in America. Some states have very effective and efficient healthcare system while some states lack the desired infrastructure. The evolution of healthcare system in USA can be traced back to 1750. The period from 1750 to 1849 is termed as preindustrial period where the care of sick people was primarily handled by families (Brian, 2010). The period of 1850 to 1969 is termed as postindustrial period which reflects the growth of organized medicine and systematic healthcare delivery.

The effects of health care on the economy are double-edged; they are both positive and negative, but regarding them as either of the two depends on the angle at which they are assessed. From the positive point of view, healthcare improves people’s health, making them economically active (Eneji, Juliana and Onabe 259). Being economically active, people engage in production, which boosts their economic position as well as the economic conditions of their country. Healthcare is also a major source of employment, which means that it creates revenue to a large number of people. With revenue, employees hired in healthcare facilities can grow themselves economically (Office of the Assistant Secretary for Planning and Evaluation 4). In addition, spending

Most countries have their own legislation and guidelines of who is covered, what information can be collected, and what it can be used for. There are some laws that are often specific to healthcare for example in the United States, healthcare is regulated at the local, state, and federal levels by laws like the Health Insurance Portability and Accountability Act (HIPAA) [26], the Privacy Rule, the Security Rule, the Health Information Technology for Economic and Clinical Health

Healthcare providers are extremely important in the fight against sex trafficking. The number of trafficked women who saw a healthcare professional was 28% (Deshpande, 2013). That number increases in the United States, with 50% of victims seeking care while being trafficked (Macias, 2013).