Birdwatch Note Rating
2024-12-10 15:23:45 UTC - HELPFUL
Rated by Participant: D23B7A5C27B361ABF01C402846B92573D36A092CD18E03FA8DF3AA06A0F7BE29
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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