Red Flag Update for Veterinary Practices

Home Uncategorized Red Flag Update for Veterinary Practices

 July 8, 2009 – Webinar

12 pm – 1 pm CDT

Covered businesses must have an Identity Theft Prevention Program (Program) in place in response to the requirements of Part 681 of Title 16 of the Code of Federal Regulations implementing Sections 114 and 315 of the Fair and Accurate Credit Transactions Act (FACTA) of 2003.

These regulations require veterinary practices having “covered accounts” to establish a Program designed to detect, prevent, and mitigate identity theft in connection with the opening of a “covered account,” an existing “covered account,” and to provide for continued administration of the Program in compliance with those requirements.

This “Red Flag” rule became effective November of last year, but enforcement was delayed until May 1, 2009, by the Federal Trade Commission (FTC), which again, delayed enforcement until August 1, 2009.  Will you be prepared?

The webinar will cover the following topics:

  • Covered veterinary practices the “big picture” regarding the legislation and what it is attempting to accomplish
  • Explanation and discussion of key definitions, including “covered accounts”
  • Definition and identification of “red flags” indicating potential identity theft concerns
  • Program implementation, oversight, administration, and training requirements
  • Real time questions and answers

Veterinarians and staff responsible for legal compliance, practice management, and/or client account management and billing should attend.

The cost is $59 per connection.  Online registration will be available after June 15, 2009.  If you would like to register before then, please send an e-mail to staylor@feesburgess.com.

Click here to view  and copy a complementary Red Flag program suitable for use by ALVMA veterinary practices.  You need not attend the webinar to use the program.