Birdwatch Note Rating
2024-12-10 18:50:38 UTC - HELPFUL
Rated by Participant: A236AC50BC8F6B08729A7C9441F72C59E1C083A0B8DD2C5A92326FE38DEDFA4A
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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