Birdwatch Note Rating
2024-12-10 18:35:58 UTC - HELPFUL
Rated by Participant: 95CDC60B8A5E59A70525BBF7E50F70A4C50B5B290E287644B316E97A004E90C2
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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