McKinsey & Company
A Shameful Victory for Obamacare's Opponents
May 13, 2014
Gee, who's to blame for that?
About That McKinsey Report ... The Critics Were Right
June 24, 2011
[My latest Kaiser Health News column.] McKinsey & Company has finally released the details of its controversial paper on the likely effects of health care reform. And it looks like the paper’s critics (including yours truly) were right to raise questions about it.
More Questions About that McKinsey Study
June 16, 2011
That controversial McKinsey & Company study, the predicting severe disruptions from health care reform, isn't going away. It may be at odds with what the Congressional Budget Office, Rand Corporation, and Urban Institute found.
Republicans are still citing that controversial McKinsey & Company report forecasting disruptive aftershocks from health care reform. But that forecast looks less and less credible, with even some McKinsey insiders casting serious doubt upon it. The report, which McKinsey released two weeks ago, makes an arresting and politically explosive claim: Between one-third and one-half of employers are likely to drop or significantly alter existing coverage in 2014, once the Affordable Care Act is fully operational and employees can buy insurance through the new insurance exchanges.
Paying Teachers Too Much? Or Too Little?
March 07, 2011
The debate over teacher pay is nothing new. And neither are the arguments about assumptions and methodologies. How do you assign a value to pensions and health benefits? How do you count the time teachers spend working outside the classroom or during summers? How do you factor in job protections and possibilities for advancement? If you want a lengthy, detailed version of the debate, I highly recommend a 2005 exchange between economists Larry Mishel of the Economic Policy Institute* and Michael Podgursky of the University of Missouri-Columbia.
Is There An Environmental Free Lunch?
January 05, 2010
Last week, my friend Ted Gayer of the Brookings Institution caused a brief uproar when he dismissed a McKinsey study about the cost of reducing carbon emissions. McKinsey found that many firms could actually reduce their greenhouse gas emissions at negative cost – that is, they would save money in the form of lower energy costs. Ted treated this finding as a reason to doubt the study: Krugman oversells the affordability claim by linking to a widely cited report by McKinsey & Company.
November 18, 2009
Exclusive: Click here to see slides from the McKinsey report. Ask doctors, hospitals, drugmakers, or insurers for their opinion of President Obama’s health care proposals, and you’ll likely get an earful about how reform will severely hurt their bottom line.
What Mckinsey Could Teach Obama
July 23, 2009
Members of Congress who hold the balance of power, including Senate Finance Committee chair Max Baucus and the Blue Dogs in the House, have concluded that the health care proposals emerging from committee up to now would do too little to control costs. The next phase of deliberation and bargaining will revolve around strategies for reining in costs without reducing the quality of treatment or the pace of innovation in the health care sector. Last December, McKinsey & Company published a comprehensive comparison of U.S. health care spending with that of other OECD countries.
The Grock Chronicles
June 08, 2009
Click here for Margo Howard’s Week One coverage of the Clark Rockefeller case. WEEK TWO, DAY ONE There is great anticipation about Sandra Boss’s appearance. A larger than usual number of still photographers are hanging around on the courthouse steps, since only one pool photographer is allowed in the courtroom.
May 19, 2003
Few have ever accused Morgan Stanley, the white-shoe investment bank formed in 1935 by partners of the imperial J.P. Morgan & Co., of being solicitous toward the investing masses. And that hauteur was on full display last week. On April 29, appearing at the UBS Warburg Global Financial Services Conference, at Manhattan's gilded Pierre Hotel, Morgan Stanley CEO Philip Purcell was asked about the $1.4 billion "global settlement" that Morgan Stanley and nine other firms had just inked with state and federal regulators.