Birdwatch Archive

Birdwatch Note Rating

2024-12-10 20:40:57 UTC - HELPFUL

Rated by Participant: 8F57AAFE11912CC99687060BF04F37E6ED319128B52A63A1E3EA6455E9925FFD
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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