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module 1 overview of the Health Insurance Portability and Accountability Act of 1996 in 1996 President Bill Clinton signed into law the Health Insurance Portability and Accountability Act known as HIPAA HIPAA regulates the privacy and security of health information in the United States Congress passed HIPAA with several goals in mind first it sought to ensure that an employee can keep her health insurance coverage when changing employment second HIPAA was meant to control health care cost by preventing health care provider fraud and abuse such as billing for services not provided or duplicate billing the national health care anti-fraud Association estimates that as much as 10 percent of total health care costs are lost to fraudulent and abusive practices by health care providers which others have estimated is amounting to 230 billion dollars annually Congress also found that the burden of paperwork associated with medical records increase the cost of medical care the bill therefore sou