Birdwatch Note Rating
2024-12-10 18:15:50 UTC - HELPFUL
Rated by Participant: 07EDED2B3AA82563220A4378B90C18B3136B4BC86BA555DAB19D50F9B86CD3BD
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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