Monday, June 21, 2010

FTC Expected to Grant Temporary "Red Flags Rule" Exemption to Health Care Providers

An attorney from the Federal Trade Commission's (FTC) Office of General Counsel says that the agency is close to completing an agreement that would give health care providers a temporary exemption from the "red flags rule."

The exemption would remain in place until the U.S. District Court for the District of Columbia makes a decision in the AMA v. FTC case. The American Medical Association brought the suit against the FTC, to prevent the agency from enforcing the rule against health care professionals.

The attorney for the FTC stated that the agency should reach an agreement on the temporary exemption in the next few days.

Source: BNA

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