Birdwatch Note Rating
2024-12-13 01:58:49 UTC - NOT_HELPFUL
Rated by Participant: BE6F6724AAC77357EB57501479B080E1E32D8B378AA1199B920882EB321C0E67
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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