Changes to Federal Benefit Payments: What NFs Need to Know

The US Department of the Treasury issued a final rule in December 2010 announcing that all federal benefit and non-tax payments must be paid electronically. This webinar will discuss how providers can comply with the new regulation in their facilities with their residents. This is a one-hour webinar but we have scheduled additional time for questions as needed

Learning Objectives:

1) Understand new rules requiring federal benefit payments to be made electronically by 3/1/13;

2) Learn how the rules will affect NF's current benefit deposit procedures;

3) Identify the role of financial institutions;

4) Discuss various NF scenarios and understand the actions necessary for compliance; and

5) Know how NF's can help convert residents funds to direct deposit.

This product offers the viewer 1 credit hour.