Final answer:
The HIPAA Privacy Rule is officially known as the Standards for Privacy of Individually Identifiable Health Information. It sets guidelines for the protection of patients' health information and limits the use and disclosure of such information by covered entities.
Step-by-step explanation:
The HIPAA Privacy Rule is officially known as the Standards for Privacy of Individually Identifiable Health Information. This rule was implemented by the U.S. Department of Health and Human Services to protect the privacy and security of patients' health information. It establishes limitations on the use and disclosure of health information by covered entities, such as healthcare providers, health plans, and healthcare clearinghouses.