Birdwatch Note Rating
2024-12-10 19:41:27 UTC - HELPFUL
Rated by Participant: 8711A8F5642F10388D16AB9E99B72543900DA65B9943D42E954FE4E315F07CA9
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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