——cover more things and you have increased costs.——
The really important catastrophe is yet to come and is hidden over the horizon. The words “increased costs” are without definition. No one knows how much costs will be increased. There is no limit determinable nor set.
What that means is that the increase in premiums across the board are but first guess estimates. The rise in everyone’s premiums has only begun.
It's a known fact that insurers will set their 2015 rates as early as spring of 2014. The rates will be based on their risk pool as of then. If there aren't enough young healthy people in the pool, rates will go up for everyone. As the rates rise, more and more healthy people will decide to "go naked". Thus begins the death spiral.