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HIPAA stands for Health Insurance Portability and Accountability Act. It allows individuals to authorize healthcare providers to release protected health information (PHI) to third parties under federal privacy rules. Generally, healthcare providers cannot disclose PHI without patient authorization. HIPAA protects an individual's current and past physical or mental health conditions, healthcare provision, and related payment expenses. An authorization must specify several elements, including the purpose for which the information may be used or disclosed, a description of the PHI involved, and the persons authorized to make and receive the disclosures.