Regulations:
FOLLOW THESE 4 STEPS TO RED FLAGS RULE SUCCESS
Published on Tue Mar 17, 2009
Check out what the FTC expects of you starting next month. Like it or not, the Federal Trade Commission expects you to comply with its Red Flags Rule on identity theft starting May 1. The Red Flags requirements have taken many home care providers by surprise, notes attorney Robert Markette Jr. with Gilliland & Markette in Indianapolis. But "it shouldn't be hard to comply" if you follow the FTC's relatively simple guidelines, Markette tells Eli. Every covered provider must have an identity theft prevention plan under the rule. Here's what the FTC expects you to do in your plan: 1. Identify red flags. The "red flags" in the rule's names mean indicators that your patient's identity may be stolen, either by the person you're treating or by someone else. You need to identify what suspicious activities or "red flags" you'll be looking for. Some examples listed by the FTC in [...]