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2024-12-10 15:58:15 UTC - HELPFUL

Rated by Participant: CEA22F5F31971F85EB1F5C16DF1528B47933B696267455B2B58372333BE33319
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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