Birdwatch Note Rating
2024-12-13 00:58:41 UTC - NOT_HELPFUL
Rated by Participant: 4D75F64F86D154120F3D28A94CE0AA7FAD91BEB651A04D70D9EB08A2F0AF82B2
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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