HIPAA is often confused as HIPPA. It is not Health Insurance Privacy Protection Act. It is actually the Health Information Portability and Accountability Act. Established in 1996, HIPAA is a federal law with guidelines to protect patient’s confidential medical information. More specifically the HIPAA rules contain privacy, security, and breach notification requirements that apply to individually identifiable health information that is created, received, maintained, or transmitted by health care providers who engage in certain electronic transactions, health transactions, health plans, health care clearinghouses, and their business associates.