New York's Health Privacy Act Set to Transform Data Compliance Landscape
BankInfoSecurity
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Contributed by: Drex DeFord
Summary
New York State's proposed Health Information Privacy Act (HIPA) seeks to redefine health information processing and sharing for various entities, pending Governor Kathy Hochul's approval. With broad definitions encompassing any data tied to an individual's health, including non-traditional information like purchase histories, the law lacks typical exemptions, such as those for employment-related data. Regulatory attorney Angie Matney warns that organizations linked to New York may face significant operational challenges in complying with HIPA, which extends beyond financial transactions to include other forms of information exchange. The potential penalties for violations highlight the importance of adherence to this forthcoming legislation.
