What is HIPP act and a payoff for removel from Credit report.?

Question

What is HIPP act and a payoff for removel from Credit report.?

Answer 1

If you want detailed answers, you need to add details to your questions.  This is the third one I have read that has no information with it.

Its HIPAA, and its stand for the Health Insurance Portability and Accountability Act.  It basically has to do with privacy of medical information.

http://www.hhs.gov/ocr/hipaa/

http://en.wikipedia.org/wiki/HIPAA

The pay off for removal..   If you pay off the debt, they will remove the account from your credit.  A lot of times, in after you pay the debt, it will remain on your credit report.  It will state that it is paid, but will show that the account was in negative standing.  That means that when others check your credit, they will see that even though its paid, it was in negative standing.  Payoff for removal means that they will remove it completly from your credit.  If you do that though, get it in writing that they are removing the account from your report with all 3 credit agencies.

Answer 2

The links midnight included do a pretty good job in explaining what HIPAA is.

Each state also has their own version of medical privacy laws.

IF you pay the collector, you would be waiving your rights to protection under those laws and they can continue to report it on your reports - as long as they report correctly. If they report inaccuracies you have the right to dispute it.

IF you pay the original medical provider then the original medical provider "MUST" recall the debt from the collector and require the collector to delete everything concerning the debt from their files and your reports.

If you pay the original medical provider:

You must pay the full amount due that the original medical provider has claimed is owed (you have the right to request a full accounting of their claim of what is owed)

You should pay by certified check or (non postal) money order and print in the endorsement section "For deposit only to the account of (name of medical provider)

You should deal with the original medical providers HIPAA Compliance Office when making the payment.

Once the account to the original medical provider is paid it "MUST" be deleted from your credit reports since there is no longer any permissible purpose in reporting protected health information.

If you cannot pay the full amount due and/or make a deal to pay a portion of the debt with either the original medical provider or the collector, you will not have protection under HIPAA or your states medical privacy laws.

If you want to learn more about your HIPAA rights, you might click on my profile and click on the last link I have listed to a free credit discussion board. Do some reading in the Newbie section and then in the Medical Forum.

You will also be able to find a "free to use" letter that can be used with your payment.