Wednesday, June 8, 2011

White House Pushes Back Against McKinsey Health Care Report - The Note

White House Pushes Back Against McKinsey Health Care Report - The Note: "ABC News’ Huma Khan reports: The White House is pushing back against a report by consulting firm McKinsey & Company that states 30 percent of employers will “definitely or probably” stop offering health insurance coverage to employees after 2014.

The Obama administration argues that the report is an outlier, and cites studies by the Rand Corporation, The Urban Institute and Mercer that found that businesses would not change their insurance programs substantially as a result of the Affordable Care Act.

“Economists agree that employers offer health insurance to help attract and retain the most talented employees,” White House Deputy Chief of Staff Nancy-Ann DeParle wrote in a blog. “Employers will continue to seek out top talent: and the new law makes it easier for them to do so by tackling health costs and supporting small businesses. Additionally, dropping coverage is unlikely to save money for employers.”"

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