Birdwatch Note Rating
2024-12-10 18:32:26 UTC - HELPFUL
Rated by Participant: 72713E4481BD40F6CAFF28087213107611A47FC2D16D01ABB4B7CE6F48658C18
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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