Posts Tagged ‘company



10
Jun
11

‘the case of the mystery study’

Earlier this week McKinsey & Company released the results of their study that claimed 30 per cent of employers are planning to stop giving health insurance to their workers as a result of the Affordable Care Act.

 Almost all of the mainstream media unquestioningly reported McKinsey & Company’s findings and framed them as a major blow to President Obama’s healthcare reform.

 A few – and only a few – voices in the media, though, were curious about the study, not least because it completely contradicted the findings of surveys by three independent organizations – The Rand Corporation, The Urban Institute and Mercer (see here)

***

Steve Benen: …How was the study conducted? What were the questions? How were the employers chosen? What were the statistical breakdowns among businesses of different sizes? Who funded the study? We don’t know and McKinsey hasn’t said.

Kate Pickert (Time) noticed a small tidbit in the report: McKinsey acknowledged having “educated” those participating in the survey. And what, pray tell, did the company say to respondents that might have affected the results? You guessed it: we don’t know and McKinsey hasn’t said.

Politico added that it “asked really nicely” to at least see the questionnaire McKinsey used to conduct the employers survey, but the company refused. Raise your hand if you think the McKinsey & Company report has some credibility problems.

Full post here

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Greg Sargent: …as a number of critics were quick to point out, McKinsey’s finding is at odds with many other studies – and the company did not release key portions of the study’s methodology, making it impossible to evaluate the study’s validity.

 There’s now been a new twist in this story.

 I’m told that the White House, as well as top Democrats on key House and Senate committees, have privately contacted McKinsey to ask for details on the study’s methodology. According to an Obama administration official and a source on the House Ways and Means Committee, the company refused.

 Now the White House and top Congressional Democrats are asking the company to release the baseline information we need to evaluate the study’s credibility and integrity. So this story could now get a good deal more interesting.

Full post here

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Paul Krugman: One has to assume that there was something terribly wrong with the study. At any rate, nobody should be citing it until or unless McKinsey comes clean.

Full post here

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TPM: …multiple sources both within and outside McKinsey tell TPM the survey was not conducted using McKinsey’s typical, meticulous methodology.

“This particular survey wasn’t designed in a way that would allow it to be peer review published or cited academically,” said one source familiar with the controversy …. All sources were granted anonymity, in order to be able to speak candidly about the controversy.

Reached for comment today, a McKinsey spokesperson once again declined to release the survey materials, or to comment beyond saying that, for the moment, McKinsey will let the study speak for itself….

Another keyed-in source says McKinsey is unlikely to release the survey materials because “it would be damaging to them”.

Both sources disagree with the results of the survey, which was devised by consultants without particular expertise in this area, not by the firm’s health experts.

…Republicans, and reform opponents, seized on the report’s conclusions to sow further suspicion of the law…..

Full post here

***

You can read about McKinsey & Company’s record here

26
Jan
11

a wisconsin welcome

People wave at President Barack Obama’s motorcade as he drives to Tower Tech Systems, Inc, in Manitowoc, Wisconsin, on January 26 as part of his White House to Main Street Tour

…touring Skana Aluminum Company in Manitowoc

People line the streets to greet President Barack Obama on a visit to Manitowoc, Wis

Back to DC

06
Aug
10

hand to hand

President Barack Obama greets people following his remarks at the Ford Motor Company Chicago Assembly Plant in Chicago, Ill., Aug. 5, 2010. (Official White House Photo by Pete Souza)

14
May
10

on my watch

During a visit by President Obama, a worker at Industrial Support Inc., in Buffalo, NY, wears a watch with his image on it. May 13, 2010.

30
Jan
10

broad back

President Barack Obama speaks after he tours a small business, Chesapeake Machine Co. , in Baltimore, Maryland, January 29, 2010.




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