No more putting off your practice's identity theft program. As of June 1, 2010, healthcare providers, including rehab providers, must comply with the Federal Trade Commission's Red Flags Rule if they are considered creditors. In other words, if you accept insurance from patients and bill them after providing your services, you are a creditor under the Red Flags Rule and must develop an identity theft program. Long time coming:
Need last-minute help? The FTC has posted guidance, including a plan template, on its Red Flags Rule website, according to News Now. Visit www.ftc.gov/redflagsrule.