Birdwatch Note Rating
2024-12-13 00:44:09 UTC - HELPFUL
Rated by Participant: 7E504B7013511D4120F5D207069DD6EFE5236E79DD0FA6C3A09450CBD223DEF6
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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