Birdwatch Note Rating
2024-12-10 18:18:20 UTC - HELPFUL
Rated by Participant: EE7E5CBB5601AA0110FD43DB5D1C09D579F4FCAD45216228ADC52CB3C85577B5
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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