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2024-12-11 13:27:02 UTC - HELPFUL

Rated by Participant: 4A80F15176B8B274A964BD177A351E5BEC3F027FE32E596DC7236AAAD22A06FB
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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