Birdwatch Note Rating
2024-12-11 00:06:09 UTC - HELPFUL
Rated by Participant: 7A9F440A6D0FD3EDAA9C14A3D6DAE69341D4956B96A1D3792E1F6971B6294621
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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