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Senate passes bill to exempt doctors from FTC's Red Flags Rule

from Healthcare IT News

The Senate has passed a bill that exempts doctors and other providers from the Federal Trade Commission's Red Flags Rule, which would have required them to develop and implement written identity theft prevention programs. The rule currently is scheduled to go into effect on Dec. 31. The House of Representatives is expected to pass the bill during the current legislative session. The Red Flags rule was developed under the Fair and Accurate Credit Transactions Act, in which Congress directed the FTC and other agencies to develop regulations requiring "creditors" and "financial institutions" to address the risk of identity theft. more

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