Birdwatch Note Rating
2024-12-10 18:29:50 UTC - HELPFUL
Rated by Participant: 13A0511E7637287512480E0DF22CE2EB61D13D5AF72D526AAEF556961D80EA8A
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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