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FTC Delays Enforcement of FTC Red Flags Rule Fifth TimeThe original FTC Red Flags Rule compliance date deadline was extended three times from the original date of November 1, 2008, with an expected compliance date of November 1, 2009. Just prior to that date, the FTC extended for the fourth time the deadline for compliance to June 1, 2010. On May 28, 2010, the June 1, 2010, compliance date was extended a fifth time to December 31, 2010. |
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FTC Delays “Red Flags” Rule for Third TimeThe Federal Trade Commission announced a third delay for compliance, from August 1, 2009, to November 1, 2009, for compliance with the identity theft prevention red flags rule. The delay is for another three months. Entities affected are creditors and financial institutions. Healthcare providers that extend delayed payment plans to patients are deemed “creditors” under the red flags rule. |
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FTC Delays Identity Theft Prevention Red Flags Rule for Second TimeThe Federal Trade Commission announced a second delay on Friday, May 1, 2009, for compliance with the identity theft prevention red flags rule. The delay is for three months, with compliance now scheduled for August 1, 2009. Entities affected are creditors and financial institutions. Healthcare providers that extend delayed payment plans to patients are deemed “creditors” under the red flags rule. |
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Red Flags Rules Compliance Countdown: TodayToday is the May 1, 2009 Red Flags Rule compliance deadline. |
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Red Flags Rules Compliance Countdown: 1 dayOne day left until the May 1, 2009 Red Flags Rule compliance deadline. |
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Red Flags Rules Compliance Countdown: 2 daysTwo days left until the May 1, 2009 Red Flags Rule compliance deadline. |
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Red Flags Rules Compliance Countdown: 3 daysThree days left until the May 1, 2009 Red Flags Rule compliance deadline. |
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FTC’s “Red Flags” Rule to Prevent Identity Theft Requires Compliance by Healthcare Providers on Friday, May 1, 2009The Federal Trade Commission’s (FTC’s) “red flags” rules for financial institutions and creditors to fight identity theft require compliance by most healthcare providers on Friday, May 1, 2009. HIPAA.com recommends that healthcare providers examine three documents, which we have available at HIPAA.com, to determine their responsibilities with respect to compliance with the red flag rules |