Birdwatch Note Rating
2024-12-11 01:41:16 UTC - HELPFUL
Rated by Participant: 8A6E394B28F859608480EC1C6748E03E9C5070F601FC3E742DBEA2CB144D4E68
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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