Birdwatch Note Rating
2024-12-13 01:08:34 UTC - NOT_HELPFUL
Rated by Participant: 4DFAA2A0C108863BC0FDF45207790EE0B878AD92BBA0AFE4CC21279C0B05D4C4
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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