FTC Extends Red Flags Rule Deadline to Aug 1st
On April 30th, the Federal Trade Commission (FTC) announced an extension of the deadline for the “Red Flags Rule” to August 1st, 2009. The “Red Flags Rule” is an FTC regulation that requires creditors and financial institutions to develop identity theft prevention programs.
The FTC has defined physician practices as “creditors” because physicians generally bill patients for their services, after those services are rendered. Thanks to the extension, practices now have an additional 90 days to develop and implement written identity theft prevention programs.
KZA’s Practical Implementation Tips Can Help
Watch this April 22 Webinar - featuring KZA associate Cheyenne Brinson, MBA, CPA, and sponsored by Solveras Payment Solutions. It includes implementation checklists and policy samples you can customize for your practice saving you time and money!
For more information visit our website at www.karenzupko.com or call 312-642-5616.