AMA Clinical Examples in Radiology - 2009 Bulletin 1
Red Flag Rule
Red Flag Rule The Federal Trade Commission (FTC) announced on May 1, 2009, its plan to delay the enforcement of the new Red Flag Rule until August 1, 2009, to give creditors and financial institutions more time to develop and implement written identity theft prevention programs. In the press release that announced the delay of the Red Flag Rule, the FTC explained that it discovered that some industries were not aware that the Red Flag Rule applied to them. The FTC believes that the extra three months would provide creditors, including physicians and hospitals, time to develop and implement...
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Article Overview
This article covers the FTC’s announced delay in enforcing the Red Flag Rule, along with the agency’s guidance materials for building identity theft prevention programs. It is relevant to creditors and healthcare organizations that needed time to understand whether the rule applied to them and to prepare compliant written policies and procedures.
Why This Topic Matters
The article helps readers understand a federal compliance update that affected organizations expected to maintain identity theft prevention programs. It is most useful for healthcare administrators, compliance staff, and other creditors tracking regulatory obligations.
What You Will Learn
- The federal agency action described in the article
- The general purpose of the Red Flag Rule
- The types of organizations mentioned as affected
- The availability of guidance materials for identity theft prevention programs
Who Should Read This
- Physicians
- Hospitals
- Healthcare compliance staff
- Creditors
- Financial institutions
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