Birdwatch Note Rating
2024-12-10 16:19:05 UTC - HELPFUL
Rated by Participant: 05BB4EC551E9A09A33264EC1F1FB0545173BA91F91A2B96CFFB7757E273B5787
Participant Details
Original Note:
1.4 trillion is the revenue of the medical insurance industry. Profits are substantially lower, with the figure in Rep. Kanna’s correction providing the operating profit, which doesn’t include certain line items. The industry as a whole has a net margin under 5%. https://content.naic.org/sites/default/files/industry-analysis-report-2023-health-mid-year.pdf
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