The Federal Trade Commission announced a third delay, 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. Compliance originally was scheduled for November 1, 2008, then delayed the first time until May 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. This delay was to give affected entities more time to develop and implement written identity theft prevention policies and procedures for compliance with the rule, which is based on enabling regulations of provisions in the Fair and Accurate…
Tag: creditors
FTC Delays Identity Theft Prevention Red Flags Rule for Second Time
The 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. This delay was to give affected entities more time to develop and implement written identity theft prevention policies and procedures for compliance with the rule, which is based on enabling regulations of provisions in the Fair and Accurate Credit Transactions Act of 2003. You can visit the FTC website…
Red Flags Rules Compliance Countdown: Today
The Federal Trade Commission’s (FTC’s) red flags rules for financial institutions and creditors to fight identity theft require compliance by most healthcare providers today, Friday, May 1, 2009. See this post for more information on how to prepare for today’s deadline.
Red Flags Rules Compliance Countdown: 1 day
The 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. See this post for more information on how to prepare for tomorrow’s deadline.
Red Flags Rules Compliance Countdown: 2 days
The 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. See this post for more information on how to prepare for Friday’s deadline.
Red Flags Rules Compliance Countdown: 3 days
The 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. See this post for more information on how to prepare for Friday’s deadline.
FTC’s “Red Flags” Rule to Prevent Identity Theft Requires Compliance by Healthcare Providers on Friday, May 1, 2009
The 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. These documents are: » Identity Theft Red Flag Flags and Address Discrepancies Under the Fair and Accurate Credit Transactions Act of 2003; Final Rule, published in the Federal Register on November 9, 2007. The preamble of the Final Rule, which discusses the purpose, intent, and scope of coverage, appears on pages 63718-63733. Of particular importance…
Identity Theft Red Flags and Address Discrepancies
DEPARTMENT OF THE TREASURY 12 CFR Part 41, 222, 334, 364, 571 and 717 16 CFR Part 681 Idendity Theft Red Flags and Address Discrepancies Under the Fair and Accurate Credit Transactions Act of 2003 AGENCY: Office of the Secretary, HHS. ACTION: Joint Final Rules and Guidelines. Download (Requires Acrobat Reader)