What is the penalty range for violating HIPAA rules?

The penalty range for violating HIPAA rules is indeed fines ranging from $100 to $50,000 per violation. This range reflects the tiered nature of HIPAA violation penalties, which considers the severity and nature of the violation.

The lower end of the fine, $100, applies to violations that are considered to be due to reasonable cause and not willful neglect. As the severity of the violation increases, so too do the fines, which can reach up to $50,000 for violations involving willful neglect that are not corrected in a timely manner.

Additionally, it's important to recognize that there can be annual caps on certain violations, increasing the overall potential financial impact on covered entities if multiple violations occur. This structure serves not only as a punitive measure but also as a deterrent to ensure compliance with HIPAA regulations to protect patient information.

Other ranges mentioned in the incorrect options do not accurately reflect the established penalties under HIPAA, as they either understate or overstate the fine ranges prescribed by the law. This tiered approach to fines underscores the importance of compliance and the potential consequences for failing to adhere to HIPAA’s requirements.