Birdwatch Note Rating
2024-12-13 17:45:36 UTC - HELPFUL
Rated by Participant: AB55127CAAB6C8CED11C79C72097F2F8002C81EC8F73C1D6680FE3CE7D00B24B
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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