>But insurance companies want you to need as little care as possible.
Sadly this isn't true. Regulated insurance companies that must pay out a minimum percentage of premiums (in other words their profits are limited by cost plus pricing) don't care if prices stay down. They only care about stability and no surprises in a given year and are okay with prices continuing to go up and up and up.
*Amount of care and prices/costs are not exactly the same thing but they are highly correlated.
Sadly this isn't true. Regulated insurance companies that must pay out a minimum percentage of premiums (in other words their profits are limited by cost plus pricing) don't care if prices stay down. They only care about stability and no surprises in a given year and are okay with prices continuing to go up and up and up.
*Amount of care and prices/costs are not exactly the same thing but they are highly correlated.