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A while ago a poster came to EMTLife looking for "Red Flag" training, and we weren't quite sure what to say. I got an email earlier today that actually brought up the subject, and after a little searching I'm learning that:
The main thing I found interesting was:
How does your service do that?
The Federal Trade Commission (FTC) has announced the "Red Flag Rules," which are designed to help "creditors" prevent identity theft. Traditionally, healthcare providers have not been considered "creditors," since we typically do not charge interest. But, under the new rules, if you defer payment for your services, you will be responsible for watching for these red flags and taking steps to respond to suspected identity theft (as if you didn't have other things to do!). The FTC will begin to enforce these rules on August 1, 2009, for most healthcare providers.
The main thing I found interesting was:
You must identify any relevant red flags, taking into consideration the risks inherent in your type of business. For healthcare providers, those risks include patients using someone else's insurance policy or name and address.
How does your service do that?