The Congressional Budget Office released its latest Obamacare-related estimates last week, predicting that the House-passed bill to repeal and replace the embattled law would lead to 23 million more uninsured people by 2026. Although CBO itself acknowledges that this latest prediction is “especially uncertain,” one thing is true: CBO is wrong. The Galen Institute’s Doug Badger explains why in a new Galen Institute paper that can be found here. The agency’s errors are not only significant—one prediction of 2016 exchange-based enrollment missed by 140%–but the agency is also consistent: it regularly over-estimates the number of people who would get insurance through the Obamacare exchanges.
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