Equifax accused of price gouging Medicaid programs
BY CNN NEWSOURCE STAFF
(CNN) – Equifax is being accused of price gouging regarding Medicaid programs.
Democratic Sens. Elizabeth Warren and Ron Wyden and Independent Sen. Bernie Sanders wrote a letter to the company’s chief executive asking for answers regarding its business practices.
Credit: Equifax
The senators allege the Atlanta-based credit rating company has a “long history of anti-competitive behavior.”
A spokesperson for Equifax said the company will respond through the proper channels.
Many states use an Equifax program called The Work Number, which quickly verifies a Medicaid applicant’s work hours and wages.
According to a probe by The New York Times quoted in the senators’ letter, Equifax often raises the price for The Work Number.
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