Birdwatch Note Rating
2024-12-10 15:27:50 UTC - HELPFUL
Rated by Participant: 824D87AF489A76969EB6B0E396B592562D8693EEF3E6D4CA5CC8754F9AEA1444
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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