Equifax Accused of Price Gouging in Medicaid Programs: Senators Demand Answers
Equifax is facing accusations of price gouging in relation to Medicaid programs, as highlighted by Democratic Senators Elizabeth Warren and Ron Wyden and Independent Senator Bernie Sanders in a letter to the company's CEO. The senators are concerned about Equifax's alleged history of anti-competitive behavior. Equifax has stated that they will address these concerns through the appropriate channels. Many states rely on Equifax's program, The Work Number, to quickly verify Medicaid applicants' work details. A New York Times investigation cited in the senators' letter suggests that Equifax frequently increases the price for The Work Number.