Red Flag Rules are new regulations requiring companies to develop identity theft prevention programs that will assist in the detection and prevention of identity theft. The FTC specifically identified health care entities in the comments to the final rule.

“For instance, creditors in the health care field may be at risk of medical identity theft (i.e., identity theft for the purpose of obtaining medical services) and, therefore, must identify Red Flags that reflect this risk.” 72 F.R. 63727

Palm Identify is a proven solution to aid those in the healthcare field to stop identity theft while complying with red flag rules and regulations.