Birdwatch Note Rating
2024-12-10 21:26:12 UTC - HELPFUL
Rated by Participant: F7D92DE6B65CD804B186E23C25B33DB68C0F22331D83CA9ED3FBE9E4B2AAD28E
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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