Q: There are reports in the news all the time about privacy issues, identity theft, etc. Do any related laws affect me as a LTC insurance producer?
A: The answer is a resounding yes. In addition to existing federal and state laws imposing privacy and confidentiality standards, such as HIPAA, a new law directly impacting LTC agents went into effect recently. Its name is the HITECH Act (the Health Information Technology for Economic and Clinical Health Act).