WASHINGTON A recent report by McKinsey and Company was seized upon by opponents of health care reform to create a new myth: that President Barack Obama’s health insurance reform – the 2010 Patient Protection and Affordable Care Act, or PPACA – will cause huge numbers of employers to drop health insurance coverage that they currently provide for employees.
The McKinsey study was soon shown to be worthless, and McKinsey itself acknowledged that it “was not intended as predictive economic analysis.” But the myth seems not to be completely dead yet.
For a more reasonable estimate of the impact of the health insurance reform, we can look to the nonpartisan Congressional Budget Office. It estimated that the number of people – including family members – covered by employment-based insurance would be about 1.8 percent fewer in 2019, as a result of the PPACA legislation.
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