McKinsey Estimates 30% of Employers Likely to Drop Health Care Benefits Due to Reform; Stirs Congressional Action

At least 30% of employers in the United States are likely to stop offering health insurance benefits to their employees after 2014 when the public health insurance exchanges authorized by the Patient Protection and Affordable Care Act of 2010 (PPACA) go live, according to a survey conducted by McKinsey. Following news reports of the estimates, on June 17, 2011, members of congress asked McKinsey to release its survey methodology because their estimate was higher than the Congressional Budget Office’s 2010 estimate of a seven percent drop in employers offering health insurance coverage. McKinsey’s report, “How U.S. Health . . .