Tuesday, June 7, 2011

Many U.S. employers to drop health benefits, McKinsey finds - chicagotribune.com

 

At least 30 percent of employers are likely to stop offering health insurance once provisions of the U.S. health care reform law kick in in 2014, according to a study by consultant McKinsey.

Among employers with a high awareness of the health reform law, the number likely to drop health coverage for workers rises to more than 50 percent, the report predicted.
The numbers compare to a Congressional Budget Office estimate that only about 7 percent of employees currently covered by employer-sponsored plans will have to switch to subsidized-exchange policies in 2014, McKinsey said.
An Obama administration official said the McKinsey study contradicts other research, including studies by the Urban Institute and Rand Corp, that suggests the percentage of employees offered insurance by their employers will not change substantially under the Affordable Care Act.

Many U.S. employers to drop health benefits, McKinsey finds - chicagotribune.com

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