Birdwatch Note Rating
2024-12-10 21:01:34 UTC - HELPFUL
Rated by Participant: 5692558CD4C01F41F84C6A407D8E10856962C207E73FD3BD6287B7F417BFB65C
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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