Final answer:
The Notice of Privacy Practices provides patients with details on the use and disclosure of their PHI and outlines their privacy rights, which aligns with HIPAA requirements. The correct answer is A) True.
Step-by-step explanation:
The Notice of Privacy Practices is indeed designed to give patients information about the use and disclosure of their Protected Health Information (PHI) as well as outline their privacy rights under the Health Insurance Portability and Accountability Act (HIPAA). This means patients are informed about how their personal health information can be used, how it can be disclosed, and what rights they have regarding their own information. So, the correct answer to the question is A) True.