Birdwatch Note Rating
2024-12-12 04:59:35 UTC - HELPFUL
Rated by Participant: 5C370B607A772212D56AA1B5419F6C78DF5CDDDEA9A2BAF7ECD5673CBEB17A85
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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