Birdwatch Note Rating
2024-12-13 00:33:59 UTC - NOT_HELPFUL
Rated by Participant: DE6819C9552477C139DA90C823DD931D0245072CCABE638B5FEFFB17E97730D0
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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