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Information Privacy Laws: The Consumer’s Tough Armor

By Brian Anderson
Published: Thursday, December 10th, 2009

There are many laws which have been enacted for the privilege and protection of borrowers. This is because borrowers or the consumers are usually subject to unfair assessment and fraud which both ruin the chance of the consumer to borrow at a rate and term he or she deserves. Credit score advice is one of the things you could opt for in order for you to understand these laws including the main FCRA. You can try out the services of professionals like lawyers and credit score counselors or to click on credit websites online.

One of the best laws ever enacted for the protection of every consumer is what you call the privacy information law. The Health Insurance Portability Act or the HIPAA is a law passed for the protection of individual health information. HIPAA tackles the use and disclosure of individual health information given the authorization of the individual. Whenever credit bureaus were able to access your health information, they would rather ask you for permission before including it in your credit report. If in any case, the credit bureaus have not sought for permission, then you can ask for credit score advice on what to do next.

Basically, HIPAA holds on to its principles in the protected health information or the PHI. According to the law, the PHI is defined as any data about the consumer which is transmitted and maintained. This data includes health plan, health care clearing house, and information pertaining to the physical and mental condition, and an individual’s care or the payment for such care. Credit score advice professionals and any other ordinary individual for that matter, would clearly interpret this provision. It means that even the unsettled payments in hospital and medical care should not be included in the credit reports unless allowed by the individual.

Moreover, the Privacy Law recognizes the fact that at certain conditions, there are instances when the information needs to be disclosed even without the consent of the individual. This is so when there are private entities which have the right to reveal health information. These entities are defined further by the law as first, those who perform or assist in the performance of activity in behalf of the covered entity; and second, those who provides legal accounting, consulting, actuarial and financial services. When in doubt of what information should you allow for the credit bureaus to include in your credit report, seek for credit score advice.

HIPAA is geared to protecting the individual for any act of humiliation and disgrace e regarding the person’s health which is considered a vital aspect of life. Logically, his health activities should not hinder the person from enjoying the benefits of borrowing. You can read on many online sites for the overview of the HIPAA so that you can be fully aware of what health information should you allow or inhibit the credit bureaus to reveal. If you have already accessed HIPAA and you have come up to confusion about some provisions, then the credit score advice expert could do the explaining to you.

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