Birdwatch Note Rating
2024-12-10 16:37:05 UTC - HELPFUL
Rated by Participant: F7499AE41B34DE0A03F491B7150585A3A798AE8D2F60376BD8B82E60C466466D
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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