Birdwatch Note Rating
2024-12-11 03:15:50 UTC - HELPFUL
Rated by Participant: D55CC1D1B1FF042080FA5494B3F8B5C65BD952C300DBB01D307B200E4B57FA85
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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