Birdwatch Note Rating
2024-12-10 17:02:44 UTC - HELPFUL
Rated by Participant: 2287BDEA9BC46E427DE5983D80CC8A2E0DB7190F7A8C3A29341E6AB80CEFA178
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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