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HIPAA stands for Health Insurance Portability and Accountability Act, which allows individuals to authorize healthcare providers to release their protected health information (PHI) to third parties under federal privacy rules. Healthcare providers cannot disclose PHI to anyone other than the patient or their agent without authorization. HIPAA protects individuals' health conditions, healthcare provisions, and related payment expenses. An authorization must include details like the purpose of information use or disclosure, a description of the PHI, the person authorized to disclose it, and the recipient of the information.