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Red Flags Rule Delayed Once Again |
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MEDAC BILLING & COMPLIANCE ALERT November 2, 2009
Red Flags Rule Delayed Once Again
By: Bellinger P. Moody, RHIA, CPC, CCP, Executive Vice President of Compliance
According to a recent posting on the Federal Trade Commission’s website: www.ftc.gov/opa/2009/10/redflags.shtm, at the request of Members of Congress, enforcement of the Red Flags Rule has been delayed again – this time until June 1, 2010.
The delay was posted on the FTC site on Friday, October 30, 2009 at approximately 3:37 pm. Therefore, those physician practices with greater than 20 members now have until June 1, 2010 to fully develop and implement identity theft prevention programs.
The information presented herein reflects general information that is current as of the date it is first published. In light of changes that may occur in the health care regulatory and compliance environments, the author's presentation of this information and any general advice previously published might become outdated. Please check with your individual legal and/or compliance advisor(s) prior to taking any significant actions based upon the information and advice presented.
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