Birdwatch Note Rating
2024-12-11 04:37:59 UTC - HELPFUL
Rated by Participant: 0E2E6BF82406BCF6DED3696A2E7E27AB0AC36E0CDE6BB6735D2E04D4F3D814BB
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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