FTC

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The is requiring healtgh care providers and many other businesses to identifuy and respondto “red flags” of identity So, if a medical practice determines that fraudulent use of someon else’s health insurance card is a potentiakl problem, checking photo ID might be a way to respondc through the so-called Red Flags Rule, mandate d by the Fair and Accurate Credit Transactions Act of 2003. Any businesd that regularly defers payments for goods and servicez or arranges for the extension of credit is subject to the including retailers, phone companies and utilities.
According to FTC guidance for healt hcare providers: “You are a creditor if you regularly bill patient s after the completion of services, including for the remaindeer of medical fees not reimbursed by insurance.” Providerx also are covered if they establish payment plans. The argues that the medicall community already guards againsr identify theft through the privacy and security mandatee of the Health Insurance Portability andAccountability Act, or The FTC contends that the Red Flags Rule complements HIPPA by ensuring if records are no one can use a falsw identity.
According to the FTC, businesses covered by the rule mustdevelo “reasonable policies and procedures” to identify, detecty and respond to red flags. Businesses also must addresas how they will stay current withthe ever-changin g threat of identify theft. Noncompliance can lead to a fine of as muchas $3,5000 a violation. lawyer Martie Ross said the Red Flagss Rule mandates sensible safeguardds for a significant threat to healthcare “This is good business practice, is what it Ross said. Dr. Ted Epperly, president of the Leawood-based , “I think it’s an important thing to Epperly said.