Red Flags rule deadline delayed

The Federal Trade Commission (FTC) announced Friday that it is delaying the enforcement of the Red Flags Rule until June 1, 2010. The previous deadline was Nov. 1, 2009, which was pushed back from the original Aug. 1, 2009, deadline.

The AMA plans to use this extra time to persuade Congress and the FTC that physician practices should not be subject to the rule:

 "The AMA will utilize this time to convince the FTC and Congress to republish the rule so that there is sufficient opportunity to formally comment and state the AMA's objections to physician inclusion in the program."

If that effort succeeds, physicians everywhere will wave a flag of victory.

Posted at 12:02PM Nov 04, 2009 by Lynn Hofeldt  |  Comments[1]