Did not say it did!
Just asked if they or any other employer would find that reasonable? I think we know the answer.
Almost every industry and supplier have been increasing costs to the consumer at rates in excess of inflation, the Insurance industry more than most.
Yet, no thought is given to how the consumer will meet these excess costs. We are told to adjust our expectations. Perhaps the profit expectations should also be adjusted, in difficult economic times (downwards not up).
Nothing to do with the bogeyman, just Greed!