If you are a hospital or other medical services provider, you need to answer the following 2 questions:

1. Do you defer payments from patients for medical goods or services?
2. Do you allow repayment from patients through multiple transactions or payments?

If the answer is YES, you MUST comply with the Red Flags Rule!

Why? Because the Rule applies to a "creditor" who defers payment for goods or services from a consumer and offers "covered" accounts:

• Any entity that defers payments for medical goods or services is considered a "creditor" under the Rule.
• A medical repayment plan for a patient to repay medical bills through multiple payments is a "covered account" under the Rule.

Also, if you offer relocation loans to your doctors or nurses or other employee loans, these are also "covered accounts" under the Rule!

As a "creditor" you fall under the Federal Trade Commission (FTC)'s jurisdiction for purposes of compliance with the Rule.

Good News
Recently the FTC announced that it will defer enforcement for "creditors" under its supervision for a period of six months, until May 1, 2009, to allow more time for compliance!

Bad News
The bad news is that if you do not comply with the mandatory compliance deadline of November 1, 2008 as set forth in the Red Flags Rule, you will have legal exposure! You can be sued by plaintiff attorneys for non-compliance. So it is in your best interest to comply as soon as possible and avoid delaying compliance!

CompliancePal is the Answer!

You can attain compliance in a few days, instead of weeks and months! You will save hundreds of hours and thousands of dollars in compliance costs! Join the hundreds of "creditors" who are already using CompliancePal to attain compliance quickly and precisely!

Regularly Updated with New Red Flags

CompliancePal contains not only the 26 red flags that the Rule mandates you must consider while developing your ID Theft Prevention Program, but it also contains specific medical identity theft red flags and other red flags based on actual identity theft cases! In fact, there are 65 red flags in the database! This way your ID Theft Prevention Program will not be a paper tiger, but instead will be a highly effective risk mitigation program and will prevent identity theft and related losses. CompliancePal is also regularly updated with new red flags so you can maintain ongoing compliance!

CompliancePal will enable you to:

• Perform the risk assessment as mandated by the Rule
• Map medical related identity theft red flags to appropriate detection and response procedures
• Generate a Red Flags Rule compliant ID Theft Prevention Program that your board can approve
• Generate Training Program materials so you can train your staff to follow your specific Program
• Generate the periodic compliance self-assessment Report to maintain compliance

For one low fee, everything you need to attain and maintain compliance with the Red Flags Rule and pass a regulatory audit! Do not delay compliance!