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Plan Administrator: Keep Pension, Health Data Rules the Same

by
September 23, 2011
FedCyber Wire, Responses
No Comment

The U.S. Labor Department should try to make the regulations governing the security of information at retirement plans and health benefits plans as similar as possible, and leave room for technology changes.

The panel, better known as the ERISA Advisory Council, advises the U.S. Labor Department and the department’s benefits arm, the Employee Benefits Security Administration, on issues relating to the Employee Retirement Income Security Act.

The Health Insurance Portability and Accountability Act (HIPAA) set health data privacy and security standards in 1996, and the Health Information Technology for Economic and Clinical Health (HITECH) Act expanded on the HIPAA standards in 2009.

The Labor Department and the U.S. Department of Health and Human Services are still implementing the HITECH requirements.

via Life and Health Insurance News, continued here.