Final answer:
Standard 3 is the HIPAA standard that ensures privacy of the health record by requiring providers and their business associates to put in place policies and procedures.
Step-by-step explanation:
The HIPAA standard that requires providers and their business associates to put in place policies and procedures that ensure privacy of the health record is Standard 3.
The Health Insurance Portability and Accountability Act (HIPAA) sets the standards for protecting patient information. HIPAA requires businesses that use health information, such as insurance companies and healthcare providers, to maintain strict confidentiality of patient records.
Some of the key components of Standard 3 include implementing safeguards to protect patient health information, limiting access to only authorized individuals, and ensuring the secure transmission of patient data.