Baucus Challenges McKinsey & Company On Insurance Survey
The survey concluded that an estimated 30 percent or more of businesses would drop employer-sponsored health coverage after 2014 because of the health law. Senate Finance Committee Chairman Max Baucus, D-Mont., is demanding that the consulting firm release its methodology.
The Hill: Baucus Demands Methodology Behind Health Care Reform Study
The pressure on McKinsey to explain its latest study critical of the health care reform law grew substantially Thursday after Senate Finance Chairman Max Baucus (D-Mont.) demanded answers ahead of a meeting with the consulting firm. The study, released earlier this month, estimated that 30 percent or more of surveyed businesses would drop their employer-sponsored coverage because of the Democrats' law. Republicans pounced on the study because it suggests that the law violates President Obama's pledge that people who are happy with their coverage would get to keep it (Pecquet, 6/16).
Politico Pro: Dems Call Out McKinsey On Insurance Survey
Senate Finance Committee Chairman Max Baucus is now directly calling on McKinsey & Company to release its methodology for conducting a survey that found 30 percent of employers were likely to drop health insurance coverage when state exchanges open in 2014. The White House and Democrats have pushed back hard against the survey, which differs sharply from the Congressional Budget Office's prediction that 9 million to 11 million would lose employer-sponsored coverage when the exchanges open, while 6 million to 7 million would start getting insurance through the workplace (Millman, 6/16).