Consulting firm McKinsey & Company has addressed the controversy over its recent study, which reported the healthcare reform law may prompt large numbers of employers to stop offering health insurance benefits to employees, according to a Talking Points Memo report.
The firm has issued a statement partially defending the statement and explaining the roots of the controversy. The firm has also released the survey materials and results that provided the data that sparked the results; the materials were not initially released along with the study.
An official statement from McKinsey & Company said, "We stand by the integrity and methodology of the survey. The survey was not indeed as a predictive economic analysis of the impact of the Affordable Care Act."
The firm said the survey examined employer attitudes, rather than employing economic modeling like the Congressional Budget Office, RAND and Urban Institute reports. The firm said the article was not meant to indicate that the research was a prediction, though McKinsey & Company understood how the language could be misinterpreted.
Read the Talking Points Memo report on McKinsey & Company.
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The firm has issued a statement partially defending the statement and explaining the roots of the controversy. The firm has also released the survey materials and results that provided the data that sparked the results; the materials were not initially released along with the study.
An official statement from McKinsey & Company said, "We stand by the integrity and methodology of the survey. The survey was not indeed as a predictive economic analysis of the impact of the Affordable Care Act."
The firm said the survey examined employer attitudes, rather than employing economic modeling like the Congressional Budget Office, RAND and Urban Institute reports. The firm said the article was not meant to indicate that the research was a prediction, though McKinsey & Company understood how the language could be misinterpreted.
Read the Talking Points Memo report on McKinsey & Company.
Related Articles on Coding, Billing and Collections:
Blue Cross of Northeastern Pennsylvania Announces Affordable Plan for Employees, Employers
Blue Shield of California Limits Annual Net Income to 2% of Revenue
Rate of Inaccurate Claims Payments Increased Over Last Year