Birdwatch Note Rating
2024-12-13 00:54:57 UTC - HELPFUL
Rated by Participant: 17CBC7C2E9FFA5717876E43B0D30B2A0FA674FE902D7B9A305B20FAC6A94B01B
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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