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Empire Blue Cross Bluesier Professional Reimbursement Policy Subject: Rule of Eight Reporting Guidelines for Physical Medicine and Rehabilitation Services NY Policy: 0005Effective: 12/01/2013 11/30/2014Coverage
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What is subject rule of eight?
Subject rule of eight is a regulation that requires certain entities to report any financial transactions involving more than eight subjects.
Who is required to file subject rule of eight?
Entities such as financial institutions and businesses are required to file subject rule of eight.
How to fill out subject rule of eight?
To fill out subject rule of eight, entities must provide detailed information about each financial transaction involving more than eight subjects.
What is the purpose of subject rule of eight?
The purpose of subject rule of eight is to prevent money laundering, terrorist financing, and other financial crimes.
What information must be reported on subject rule of eight?
Entities must report information such as the date of the transaction, the parties involved, the amount transacted, and the purpose of the transaction.
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