Birdwatch Note Rating
2024-12-11 01:59:39 UTC - HELPFUL
Rated by Participant: DC5E933B5757D917F61C32AB551B7661F424C2BA846A1E3A27CE26A3CCA9DA8B
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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