Birdwatch Note Rating
2024-12-10 18:43:01 UTC - HELPFUL
Rated by Participant: 48C635677D0EE55EB39278A325000FF0F80D2B1F5AA5360264DEBD4BBDE9F3A6
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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