North Texas Dentistry Volume 6 Issue 3 | Page 23

The HITECH Act issues technical guidance on the technologies handle ePHI . ADDED BONUS 4 BE INCLUDED IN SPECIAL BOOTH LISTING and methodologies “ that render protected health information Too bad there isn ’ t a get-out-breach-free card you could play unusable , unreadable , or indecipherable to unauthorized individuals .” The guidance specifies encryption as an action that when it comes to those unforeseen and unintended events that REQUEST A MEDIA KIT : info @ northtexasdentistry . com lead to a breach ... or is there ? renders ePHI unusable if it falls in to the wrong hands . ePHI www . northtexasdentistry that encrypted and . whose comencryption keys are properly Section 13400 ( 1 ) of the Act defines ‘‘ breach ’’ to mean , generally , secured would provide a “ safe harbor ” to covered entities and the unauthorized acquisition , access , use , or disclosure of protected health information which compromises the security or privacy of such information . Two of the most common causes of data breach are loss and theft of a device containing ePHI . Once the device and the data it contains have gone missing , the covered entity is required to report the breach of their patient data to HHS , to their patients , and also to the media if their patient pool is large enough . Unless , that is , the data on the lost or stolen device has been protected by a safeguard called encryption .
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Hocus Pocus and see insurance for what it really is ; simply a financial tool for the transfer of risk . Sit down with someone who has the expertise to explain the component parts to you and help you to understand how they work together to address the risks that concern you most ( and likely some you haven ’ t even considered ). Create an insurance budget based on that advice . Once you ’ ve crafted a program that works to meet your specific requirements , plan to revisit and revise it from time to time as things change . Our lives are not static .
What do you think is the most common mistake den‐ �sts make in their insurance decisions both personally and professionally ?
KW : A common mistake among dentists is acting as their own insurance advisor and putting their insurance program in place in a piecemeal fashion buying a little here and a little there based on what they perceive to be a good deal . The reality is that in most cases this approach leads to overpaying for insurance , insuring for lesser or even unnecessary risks and completely missing others . They end up spending their insurance budget inefficiently and often times even ineffectively . There is an emotional component to the purchase of insurance , some forms more than others .
Kyle Wallace , CIC has been active in the insurance business since 1985 and Insurance sales people know this and often use it to their advantage , especially those who sell only one line of insurance . Take out started working exclusively with dentists in 1997 . Terri Wallace has over 20 years of experience in managing small businesses . Kyle and Terri are the the emotion and you ’ ll see the picture much more clearly . This will owners of Wallace Specialty Insurance Group in Richardson , Texas serving also help you to invest your insurance dollars wisely . dentists throughout the Southwest . For more information , send an email to
Most of us understand the concept of getting what you pay for . info @ wallacesig . com or call 972-663-5190 . It ’ s generally the reason we choose to purchase one thing over
another . This concept holds true when applied to insurance . In your field of exper�se what would be the most Unfortunately , there seems to be a disconnect when it comes to important advice you would offer a seasoned den�st insurance . A few very vocal insurance companies have built marketing campaigns around the promise that you can get more cov- and a new den�st ?
erage for less money and it ’ s just not true . You really do get what
KW : For both new and seasoned dentists , my first and most important piece of advice would be to think about your insurance pro- you pay for . Still , you don ’ t always have to buy the most expensive insurance to get what you need . The key is knowing where
gram as a whole , not as individual policies , much in the same way you should conserve and where you shouldn ’ t . Most consumers you might think about your investment portfolio . Strip away the need the assistance of a professional to make these decisions . Unfortunately , very few take full advantage of the assistance available .
What issues do you see in the insurance world that affect den�sts and their dental prac�ce ?
KW : As long as I ’ ve been working exclusively with dentists ( 20 years now ), where the dental world and the insurance world collide you mostly hear , “ malpractice , malpractice , malpractice ”. It ’ s a scary word and the risk is real . Still , we know how to address the risk both with insurance and risk management techniques . A good
28 NORTH TEXAS DENTISTRY | www . northtexasdentistry . com

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Southwest Dental Conference A U G U S T 1 1 - 1 3 , 2 0 1 6

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In the game of Monopoly , an unfortunate roll of the dice sometimes lands you face to face with the policeman who ushers you directly to jail . If you haven ' t secured a get-out-of-jail-free card , you ' re forced to spend time and energy trying to get out , while everyone else continues to advance around the board .
When it comes to HIPAA compliance , sometimes an unfortunate event can lead to a breach that forces you to spend time and energy ( and most likely real-world cash ) working with the Department of Health & Human Services ( HHS ) to determine whether you had established the right policies and procedures for handling Electronic Patient Health Information ( ePHI ),
taken the appropriate precautions to secure your ePHI , and accessed by someone possessing the key that was used to enable reacted appropriately to the breach once it had occurred . If the the encryption in the first place . Without the unique key that ’ s Print Advertisement l Custom Profiles l Spreads HHS determines you made any mistakes along the way , you can created at the time of encryption , the data on the lost or stolen
expect additional fines and possibly additional time and effort device will be completely unreadable .
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The HITECH Act issues technical guidance on the technologies handle ePHI . ADDED BONUS 4 BE INCLUDED IN SPECIAL BOOTH LISTING and methodologies “ that render protected health information Too bad there isn ’ t a get-out-breach-free card you could play unusable , unreadable , or indecipherable to unauthorized individuals .” The guidance specifies encryption as an action that when it comes to those unforeseen and unintended events that REQUEST A MEDIA KIT : info @ northtexasdentistry . com lead to a breach ... or is there ? renders ePHI unusable if it falls in to the wrong hands . ePHI www . northtexasdentistry that encrypted and . whose comencryption keys are properly Section 13400 ( 1 ) of the Act defines ‘‘ breach ’’ to mean , generally , secured would provide a “ safe harbor ” to covered entities and the unauthorized acquisition , access , use , or disclosure of protected health information which compromises the security or privacy of such information . Two of the most common causes of data breach are loss and theft of a device containing ePHI . Once the device and the data it contains have gone missing , the covered entity is required to report the breach of their patient data to HHS , to their patients , and also to the media if their patient pool is large enough . Unless , that is , the data on the lost or stolen device has been protected by a safeguard called encryption .

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Encryption is the process of using an algorithm to transform plaintext information into an unreadable format that can only
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Kyle & Terri Wallace Wallace Specialty Insurance Group
Specializing in Turn-Key Dental Office Solutions Since 1994 Specializing in Turn-Key Dental Office Solutions Since 1994
1 7 8 0 6 D a v e n p o r t R d . S u i t e 1 0 7 D a l l a s , T X 7 5 2 5 2 9 7 2 . 2 5 0 . 7 7 7 0 www . esa-construction . com