Birdwatch Note Rating
2024-12-10 21:27:06 UTC - NOT_HELPFUL
Rated by Participant: A83E3DF4DA44FFE635347376881708915AA206399B601D70CE62D9E7CDFF4CD8
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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