Top House Democrats are going on the offensive against business consulting firm McKinsey & Company over a study the company conducted that found that significant numbers of employers would stop offering health insurance due to Obamacare’s mandates.
The McKinsey study found that 30 percent of employers would “definitely or probably” stop offering their employees health insurance due to Obamacare’s minimum coverage mandate for employers with 50 or more employees.
That finding is at odds with other studies conducted by the CBO, Rand Corporation, and Urban Institute that all suggested a much smaller effect on employer-provided insurance.
Democrats seized on this discrepancy in launching their attacks on McKinsey, trying to discredit the study by pointing to the fact that the firm refuses to release the raw data it used.
