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5/1: Red Flags Rule delayed Print E-mail
“Red flags” rule compliance date pushed to Aug. 1

Largely as a result of AMA advocacy, physician practices now have until Aug. 1 to comply with the Federal Trade Commission’s (FTC) “red flags” rule, which requires physicians to institute policies to identify, detect and respond to potential risks of identity theft.

The rule originally was to have taken effect tomorrow, May 1, but the FTC voted on April 30 to delay the compliance date for three months. The AMA will use this time to convince the FTC and Congress that physicians are not “creditors” and therefore should not be subject to the rule.

“We will continue to make the case to FTC that they should republish the rule so that we have an opportunity to formally comment and state our objections to physician inclusion in the program,” AMA Board of Trustees member Ardis Hoven, MD, said.

FTC news release

The AMA recently developed a resource, as well as a sample policy, to help physicians incorporate a simple identity theft prevention and detection program into their existing compliance and HIPAA and privacy policies.
AMA resource
Sample policy
Other "red flags" rule-related resources