Birdwatch Note Rating
2024-12-10 17:31:36 UTC - HELPFUL
Rated by Participant: 3B42F11DAF25EE9FCC8B04C84903158CB22B1D4783A65DE6E937C9F7DBC54ED1
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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