Birdwatch Note Rating
2024-12-10 16:49:54 UTC - HELPFUL
Rated by Participant: 636D92D66AE636483BA51ADB507BFC0B40E7EAF2273A6B467D8E975238661B67
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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