Birdwatch Note Rating
2024-12-11 01:05:02 UTC - HELPFUL
Rated by Participant: AF989936D4DE0B1F6607D79D79213C86825C8B14BC61AA98F9EBCC45796CD8B8
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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