White House Clears HIPAA Security Rule Update

The U.S. Department of Health and Human Services (HHS) is proposing a significant update to the Health Insurance Portability and Accountability Act (HIPAA) security rule. The update, aimed at protecting sensitive patient data, includes new cybersecurity mandates such as data encryption and routine compliance checks. The White House estimates the initial implementation cost will be $9 billion, with subsequent annual costs of $6 billion.