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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 disclose protected health information (PHI) to third parties while adhering to privacy rules established in 1996. Generally, providers cannot share PHI without patient authorization, protecting individuals' health conditions and healthcare-related expenses. An authorization must specify key details, including the purpose of information usage, a description of the PHI involved, the person allowed to make the disclosure, and the recipient of the information.