Riteway Shredding Inc

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Facta Disposal Rule was introduced by The Federal Trade Commission, on November 18 2004. Facta ( The Fair and Accurate Credit Transaction Act ) is a Law designed to reduce the risk of consumers fraud and identity theft created by improper disposal of consumer Info. What you need to know about Facta (HIPAA) Health Insurance Portability & Accountability Act HIPAA was enacted in 1996 and the mandatory compliance date is April 14,2003. All hospitals, doctors, pharmacies, health plans, medical billing companies and any other business entity involved in the healthcare industry must comply. The rules apply to all protected health information. The Standard for Privacy of Identifiable Health Information requires that covered entities put in place administrative, technical and physical safeguards to protect the privacy of protected health information. One example given of a safeguard for the proper disposal of paper documents containing protected health information is that the documents be shredded prior to disposal. Gramm-Leach_Bliley Act (1999) Financial Services Modernization Act This Federal legislation went into effect in 2000, the privacy provisions in the law require that financial institutions and insurance companies give consumers prior notice of an intention to share personal information and a chance to opt out of the sharing of such information. The law states that these institutions and companies need to 'respect the privacy of its customers and to protect the security and confidentiality of those customers' non-public information. ' The language suggest that paper documents containing such personal information should also be protected and safely destroyed.

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