Birdwatch Note Rating
2024-12-11 06:26:09 UTC - HELPFUL
Rated by Participant: 0871C5CD5A3207D9D65001342E3273948D87287D8DDB88A1B70B8644F56E2C48
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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