2009-05-07
The Federal Trade Commission (FTC) has decided to delay until August
1, 2009, the implementation of its ruling that would consider
physicians who regularly bill their patients (including co-payments and
coinsurance) to be creditors. If implemented, this rule would compel
physicians to develop and implement written identity theft prevention
and detection programs for their practices in order to be in compliance
with the FTC’s Red Flags Rule. Previously, the FTC had planned to implement the ruling on May 1, 2009.
The American Medical Association has developed guidance material to help physicians comply with the rule once it goes into effect.
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