Birdwatch Note Rating
2024-12-10 16:18:56 UTC - HELPFUL
Rated by Participant: 2E4923E4AEC1CB2A6995D44AB62F3E28434CFA05FC0C324A2966848F42E49DAE
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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