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A, in 1996, congress passed legislation, the health insurance portability and accountability act, known as hipaa, requiring healthcare providers to protect the privacy of patient information.
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This is an example of increased regulation.
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This is increased regulation because it added to it.
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It made things tighter, so to speak, and provided assurances in protecting patient privacy.
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So it tightened down on how patient information could be shared, who could be shared with what information could be shared.
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So it was increased regulation.
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Part b, in 2010, congress passed legislation, the dodd -frank wall street reform and consumer protection act, imposing more rules on financial corporations.
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This is an example of increased regulation...