Birdwatch Note Rating
2024-12-13 03:05:32 UTC - NOT_HELPFUL
Rated by Participant: 52926F0BA70C1804ED20F8C0989D6E9EF7AAC1E510787EB77F97E2C9E628CEFA
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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