Birdwatch Note Rating
2024-12-28 07:06:18 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 56AC7E78DF73C7C844E47BC47A4AB046EA012F63C1B035AA1D4E1746C2E218D8
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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