Birdwatch Note Rating
2024-12-10 23:30:21 UTC - HELPFUL
Rated by Participant: 291C707988289FE87095D92DD0D378E00311A5AE73F0941B70FC95EF1A2A1F2E
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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