The UK’s Financial Conduct Authority (FCA) has imposed a penalty of over $13.6 million on Equifax for failings that endangered millions of its customers. The original fine was around $19.4 million but was reduced due to the company’s early agreement and good behaviour during the investigation. The FCA called the entire situation preventable.
The True Cost of Focusing on Cost Instead of Cost-Effectiveness
When payors consider only the cost of the medication and not the cost and risk to the patient, doctor, and healthcare system, the irony is
