Birdwatch Note Rating
2024-12-10 16:57:11 UTC - HELPFUL
Rated by Participant: 305258F8A1ED784D5A181873D12ECAF12D7A39751BD55FC98DDD39BF4CDDC6CA
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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