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by CSO Staff

Compliance Calendar: Comply Because You Have To

Feature
Apr 01, 20043 mins
ComplianceHIPAA

CSO Regulatory Compliance Calendar

Staring down the barrel of multiple regulatory deadlines? This calendar view will help you keep the dates straight.

April 2004

HIPAA Privacy Standards, small health plans (4/14)

Who’s affected: Healthcare organizations
Brief: Passed in 1996, HIPAA (the Health Insurance Portability and Accountability Act) increases customer data privacy requirements for healthcare companies, including relevant insurance companies and pharmacies.
Full text: www.hhs.gov/ocr/hipaa
Administered or enforced by: The HHS Office for Civil Rights (OCR) will enforce HIPAA privacy standards. The Centers for Medicare & Medicaid Services (CMS) will be responsible for enforcing the transaction and code set standards that are part of the administrative simplification provisions of HIPAA.
Past due HIPAA deadlines
April 2003: Electronic Health Care Transactions and Code Sets requirements in effect.
Upcoming deadlines
July 2004: Employer Identifier Standard, all covered entities except small health plans
April 2005: Security Standards, all covered entities except small health plans
August 2005: Employer Identifier Standard, small health plans
April 2006: Security Standards, small health plans
May 2007: National Provider Identifier, all covered entities except small health plans
May 2008: National Provider Identitier, small health plans

May 2004

Sarbanes-Oxley

Who’s affected: Publicly traded companies
Brief: In response to high profile financial scandals, this law intends to protect shareholders and the general public from accounting errors and fraudulent pactices in the enterprise. Sarbanes-Oxley is not a set of business practices and does not specify how a business should store records; rather, it defines which records are to be stored and for how long.
Full text: news.findlaw.com/hdocs/docs/gwbush/sarbanesoxley072302.pdf
Administered or enforced by: U.S. Securities and Exchange Commision (www.sec.gov)
Past due HIPAA deadlines
April 2003: Electronic Health Care Transactions and Code Sets requirements in effect.
Sarbanes-Oxley deadlines
November 2004: Additional disclosures for accelerated filers, generally U.S. companies with equity market capitalization greater than $75 million that file at least one annual report with the SEC.
July 2005: Additional disclosures for non-accelerated filers, beginning with fiscal years ending on or after July 15, 2005.

June 2004

Sarbanes-Oxley, additional disclosures

July 2004

HIPAA, Employer Identifier Standard, all covered entities except small health plans

April 2005

HIPAA, Security Standards, all covered entities except small health plans

August 2005

HIPAA, Employer Identifier Standard, small health plans

Past Due

FISMA (Federal Information Security Act)

Requires federal agencies to apply risk management techniques to make their computer information systems more secure. The agency director must report to Congress no later than March 1 of each year on agency compliance.

California Privacy Law SB 1386

This law requires companies with California customers to notify those people of computer security breaches that may result in the theft of personal information about them. If third-party vendors hold customer data, they are also responsible for compliance.