Birdwatch Note Rating
2024-12-13 04:09:28 UTC - HELPFUL
Rated by Participant: EBF239FC6C40B279F45F5F789DFF4B92376626AF243F78A99227EBD6250DFC2D
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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