Birdwatch Note Rating
2024-12-10 19:00:23 UTC - HELPFUL
Rated by Participant: E229BD2F05E2502924B9F7675469C48E3D1E0CA1EE2AB7FD37EE8F831032F8EA
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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