HIPAA Compliance Statement for Budget Challenge

Budget Challenge is committed to protecting the privacy and security of Protected Health Information (PHI). We understand the importance of safeguarding personal information and adhering to the Health Insurance Portability and Accountability Act (HIPAA).

Budget Challenge is not a healthcare provider, health plan, or healthcare clearinghouse and therefore is not subject to the HIPAA Privacy and Security Rules. However, we recognize the sensitive nature of financial information, which may overlap with health-related data in certain circumstances.

To protect the confidentiality of personal information, we have implemented the following safeguards:

  • Data Security: We maintain robust security measures to protect personal information from unauthorized access, use, disclosure, or modification. This includes encryption, access controls, and regular security assessments.
  • Personally Identifiable Information: We do not collect student personally identifiable information. We collect and retain only the minimum amount of teacher personally identifiable information necessary to provide our financial education program.
  • Data Sharing: We do not share personal information with third parties without explicit consent, except as required by law.
  • Employee Training: Our employees receive training on data privacy and security best practices.

While we are not subject to HIPAA, we strive to maintain similar levels of protection for all personal information entrusted to us. If you have any questions or concerns about our privacy practices, please contact us at support@budgetchallenge.com