Birdwatch Note Rating
2024-12-10 20:14:30 UTC - HELPFUL
Rated by Participant: F50CDB8C25073D2243293C4EF5A19EB87C8D15DF6C1B3E3DE549E4188385C213
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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