HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT (HIPAA)

The U.S. Health Insurance Portability and Accountability Act of 1996 (HIPAA) consists of two sections.

HIPAA Title I mandates protection of health insurance coverage for people who lose or change jobs.

HIPAA Title II provides for administrative simplification, requiring the development of standards for the electronic exchange of health care information, the protection of the privacy of personal health information and the establishment of security requirements to protect that information.

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SARBANES-OXLEY ACT

The Sarbanes–Oxley Act, also known as the 'Public Company Accounting Reform and Investor Protection Act' (in the Senate) and 'Corporate and Auditing Accountability and Responsibility Act' (in the House) and commonly called Sarbanes–Oxley, Sarbox or SoX, is a United States federal law enacted on July 30, 2002, which set new or enhanced standards for all U.S. public company boards, management and public accounting firms.