On October 20th,
the House of Representatives passed a bill to amend the provisions of the Fair Credit
Reporting Act to exempt small businesses including
medical practices with 20 or fewer employees.
Continue reading "Bill Passed by House that Would Exempt Small Business from Red Flag Rules– Including Health Care Practices with 20 or Fewer Employees" »
The FTC announced yesterday that it will once again delay enforcement of its controversial Red Flag Rules ... this time until August 1st. They also plan to provide additional guidance for "low risk" creditors in the form of a template.
Continue reading "Quick Post: FTC Delays Enforcement of Red Flag Rules Until August 1st" »
Now, as we all know,
the deadline for enforcement of the Red Flag Rules is looming … May 1st. Providers are struggling to implement red
flag compliance policies. It’s another
big PROVIDER compliance panic.
Continue reading "The Red Flag Compliance Train is coming down the Track and Payors are Asleep at the Switch." »
I received a call from a hospital describing an increasingly
common scenario: a potential patient calls
asking for the price of an outpatient CT scan; either because he is uninsured
or is covered by insurance with a deductible.
The caller had already called several other providers and this
hospital’s price was higher. Even if the
caller was covered by a high deductible plan (and was therefore entitled to pay
the insurer’s negotiated rate) the hospital’s charge for the scan was still higher
than the competitors’ prices – especially outpatient scanning sites.
The hospital wanted to know whether it could match their
“competitor’s” price for the MRI.
Continue reading "Price Estimates and Informed Consumers" »