Yeah, before, insurers could throw out people who have preconditions or have “maximum lifetime benefit”, obviously you were going to pay less in premiums. The bureaucracy / cost of new technologies have not made this any cheaper either, especially as cost-benefit analysis for new procedures and drugs is, somehow, not a thing in the US unlike everywhere else in the world.

The US hates cutting costs via market intervention too (also see our crazy college costs problem), so until we decide to finally tackle it, they’ll keep on rising.