List the difference between fraud and abuse.Define HIPAA and why it was established.Give an example…

➤ What is HIPAA and why was it established?
The Health Insurance Portability and Accountability Act (HIPAA) is a federal law that protects the privacy, security, and portability of individuals’ health information. It was established in 1996 to standardize electronic health transactions, reduce healthcare fraud and abuse, and ensure patients’ protected health information (PHI) is properly safeguarded and shared only when authorized.