Birdwatch Note Rating
2024-12-10 19:32:14 UTC - HELPFUL
Rated by Participant: 7625385C5EF9630BFB6D9159546B90D4E9B01D46EC68DA252B236FB691847F8D
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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