Birdwatch Note Rating
2024-12-10 17:36:19 UTC - HELPFUL
Rated by Participant: 9D245488405464AC86C8FDCAC1579CFF73A68E14A69C895E6CC5DD9A620F791B
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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