Birdwatch Note Rating
2024-12-10 19:59:26 UTC - HELPFUL
Rated by Participant: 473C551CD73F9EE2DEE7F9A38D5A79E3382473E88AFE382CCC9433052FEADDFE
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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