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HIPAA stands for Health Insurance Portability and Accountability Act. A HIPAA release and authorization allows individuals to permit healthcare providers to share protected health information (PHI) with third parties in compliance with privacy rules. Providers generally cannot disclose PHI without the patient's or their agent's authorization. HIPAA safeguards an individual's past, present, or future physical or mental health, as well as healthcare provisions and related payment information. An authorization must specify the purpose of disclosure, a description of the PHI involved, the individual authorized to disclose it, and the recipient of the information.