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Insurance premiums are rising for the same reason that medical fees of all classes are rising many times faster than inflation: distortion of supply and demand due to government intervention in what should be a free market.
Look. It's really, really simple. I will use small words with very few letters in them, so that even you can understand.
If you want to buy a tomato, you can go to your choice of competing supermarkets, and spend 50 cents on a bag of tomatoes.
But if suddenly one day the government decides that access to tomatoes is "a fundamental human right," and starts running up the national debt printing trillions of dollars of checks for free tomatoes, the demand for tomatoes goes up. You go to the supermarket and find yourself standing in line behind fifty people all waving their million-dollar free-tomato checks in the air. Do you suppose the tomatoes are going to get marked to a higher price? If not, why not, given that the demand for them just increased tremendously and that the number of dollars in the economy devoted to chasing tomatoes has just gone up tremendously?
Medicare and Medicaid are not only unconstitutional, they have also driven the price of basic medical services into the stratosphere. Compare the price of veterinary tumor removal surgery on a dairy cow and on a human being. They use the same tools and the same technology, yet one costs $400 and one costs $400,000.
The government created the housing bubble by interfering in the real estate market and the banking business, pumping up demand and pumping money in as fast as the market could absorb it. Government grants and loans are the reason why college tuition costs are going up by 20% a year and more, too.
Get the government out of the medicine business, out of the housing business, out of the banking business, and out of the education business, and you'll see these prices come down to match the demands in a free market.