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<blockquote data-quote="Babagounj" data-source="post: 1325289" data-attributes="member: 12952">A devastating new McKinsey &amp; Co. report finds that Obamacare&#039;s purported purpose – providing coverage for the previously uninsured – has failed. The <a href="http://healthcare.mckinsey.com/sites/default/files/McKinsey%20Reform%20Center_Individual%20Market%20Post%20OEP%20Trends.pdf" target="_blank">report</a> concludes that 74% of Obamacare enrollees at the end of the first open enrollment period already had insurance; just 26% reported being previously uninsured. Of those who were previously uninsured, the figure drops to only 22% when considered alongside whether the individual has activated his plan by paying his first month&#039;s premium.The McKinsey &amp; Co. study also revealed that nearly half (48%) of individuals who said they do not plan to enroll in 2015 were &quot;unaware of the penalty for lack of coverage.&quot; The so-called &quot;individual mandate&quot; imposes graduated penalties on individuals who choose not to purchase care. Even after respondents were informed of the penalty, only 29% of those currently uninsured said they plan to enroll in 2015. Obamacare remains deeply unpopular nationally. According to the latest <a href="http://www.usatoday.com/story/news/politics/2014/05/05/usa-today-pew-poll-midterm-landscape-tilts-to-gop/8520429/" target="_blank">Pew/USA Today poll</a>, Obamacare&#039;s approval rating now stands at a record-low 41%.</blockquote>

[QUOTE="Babagounj, post: 1325289, member: 12952"] [SIZE=5][B]A devastating new McKinsey & Co. report finds that Obamacare's purported purpose – providing coverage for the previously uninsured – has failed. [/B][/SIZE] The [URL='http://healthcare.mckinsey.com/sites/default/files/McKinsey%20Reform%20Center_Individual%20Market%20Post%20OEP%20Trends.pdf']report[/URL] concludes that 74% of Obamacare enrollees at the end of the first open enrollment period already had insurance; just 26% reported being previously uninsured. Of those who were previously uninsured, the figure drops to only 22% when considered alongside whether the individual has activated his plan by paying his first month's premium. The McKinsey & Co. study also revealed that nearly half (48%) of individuals who said they do not plan to enroll in 2015 were "unaware of the penalty for lack of coverage." The so-called "individual mandate" imposes graduated penalties on individuals who choose not to purchase care. Even after respondents were informed of the penalty, only 29% of those currently uninsured said they plan to enroll in 2015. Obamacare remains deeply unpopular nationally. According to the latest [URL='http://www.usatoday.com/story/news/politics/2014/05/05/usa-today-pew-poll-midterm-landscape-tilts-to-gop/8520429/']Pew/[I]USA Today[/I] poll[/URL], Obamacare's approval rating now stands at a record-low 41%. [/QUOTE]

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