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FACTA
Fair And Accurate Credit Transaction Act

On June 1, 2005, the FTC's rule on the proper storage an disposal of certain "consumer information" goes into effect.  This rule was issued by the FTC as part of it's jurisdiction under the FAIR AND ACCURATE CREDIT TRANSACTIONS ACT (FACTA).

The Basic FACTA
According to the FTC's FACTA disposal rule, "any person who maintains or otherwise possesses consumer information for a business purpose" must properly destroy discarded consumer information.

The FTC's FACTA disposal rule further states that every person and/or business, "must properly dispose of such information by taking reasonable measures to protect against unauthorized access to or use of the information in connection with its disposal." 

"Reasonable measures" are defined in FACTA as "burning, pulverizing, or shredding of papers containing consumer information" or entering into "a contract with another party engaged in the business of record destruction to dispose of material, specifically identified as consumer information, in a manner consistent with this rule."

Contracting with Enviro-Shred, Inc. to shred all discarded consumer information is the best way to comply with FACTA.  Service can be arranged on a schedule that suits any office.  It is the most economical alternative no matter how small or large the need.

HIPAA Compliance
The Health Insurance Portability and Accountability Act is a Federal law to prevent abuses of personal health information (PHI), including unauthorized access.  It is administered by the U.S. Department of Health and Human Services (HHS) and it is enforced by the U.S. Office of Civil Rights.

Institutions that must comply with HIPAA are called Covered Entities.  Covered Entities include any and all organizations or individuals who retain or collect health related information.  This includes larger institutions such as hospitals, medical centers, and insurance companies.

There are also SMALL COVERED ENTITIES such as:  Doctors, Dentists, Chiropractors, Psychiatrists, Psychologists, Counselors, Urgent Care Centers, Billing Centers, Physical Therapists and Collection Agencies.

Technically, EVERY EMPLOYER in the United States with completed health insurance applications or injury reports on file is considered a SMALL COVERED ENTITY under HIPAA.

Using a Secure Shredding Service is the preferred method for COVERED ENTITIES to destroy Protected Health Information.

 
   
   
   
   
   
   
   
 
 

 

 

 

 

 

 

 
 

 

 

 

 

 

 

 

 
 

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