New Red Flag Rules Deadline: November 1, 2009

Thu, Jul 30, 2009

Breaking News

Good news. At least until November.

The Federal Trade Commission has postponed the compliance deadline for the Red Flags Rule from Aug. 1 to Nov. 1, 2009, according to a July 29 release from the FTC.

The rule requires that creditors and financial institutions implement programs to identify, detect, and respond to the warning signs, or “red flags,” that could indicate identity theft. Health care providers fall under the ‘creditors’ heading. As HIT professionals well know, identity thieves often target a person’s medical information (such as a Medicare or Medicaid number), with serious consequences for both the legitimate bene and the health care organization involved.

One reason for the delay? The FTC wants to give small businesses more guidance on how to comply with the rule. To determine whether your health care organization falls within the FTC’s ‘low risk’ category, 

Click here to login and get access to this article if you already receive the HIT News Wire
If you've already signed in and are still seeing this screen, click here to refresh the page.
HIT News Wire
Free registration required for full access to articles.
You will also receive
  • Free updates on the latest developments affecting healthcare IT.
  • Discounts on 3rd party offers.
Join now
You must have javascript enabled to use this form
Bookmark and Share
, , ,