Final answer:
HIPAA mainly focuses on patient information protection and privacy, not directly on maintaining health coverage when changing employers. The ACA, or Obamacare, provides more relevant provisions for healthcare coverage portability.
Step-by-step explanation:
The statement that HIPAA was established to protect individuals from losing health coverage when changing employers is false. The Health Insurance Portability and Accountability Act (HIPAA), enacted in 1996, principally sets standards for protecting patient information and ensuring privacy. Key aspects of HIPAA include requiring confidentiality for patient records from businesses like insurance companies and healthcare providers. However, when it comes to health coverage portability, it is the Patient Protection and Affordable Care Act (ACA) of 2010, also known as Obamacare, that made more substantial changes including provisions to prevent denials of coverage based on pre-existing conditions and helping maintain coverage when changing jobs or losing employment.