NEWS: McKinsey Changes its Tune, Acknowledges Survey is Not Predictive

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NEWS: McKinsey Changes its Tune, Acknowledges Survey is Not Predictive

The following press release was published by the U.S. Congress Committee on Ways and Means on June 20, 2011. It is reproduced in full below.

WASHINGTON - Ways and Means Ranking Member Sander Levin (D-MI) and Health Subcommittee Ranking Member Pete Stark (D-CA) released the following joint statement today in response to McKinsey’s release of its survey methodology after repeated requests from House and Senate Democrats. Reps. Levin and Stark were among nine members who last week sent a letter to McKinsey requesting the survey methodology.

“For two weeks, McKinsey refused to release the methodology of its highly-controversial survey. We're pleased that it has decided to change course, and in the process acknowledge its findings are not predictive of employer behavior once the insurance exchanges are up and running in 2014. From day one we've known McKinsey's findings are an outlier. But now that the company has revealed the methodology it used, we have a sense of why: the respondents in McKinsey's telephone questionnaire knew very little about the law. As McKinsey concedes, its survey is not of the same caliber as earlier CBO, Rand and the Urban Institute research - studies that found little change is expected regarding the number of employers that will continue to offer insurance after 2014." #

Source: U.S. Congress Committee on Ways and Means

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