Birdwatch Note Rating
2024-12-11 22:45:31 UTC - HELPFUL
Rated by Participant: 2B2EF7AC880EE7333500F82DE68F9DBC1CCBFC7A8438A8019D1289BB7A2FA77C
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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