you have a lot more faith in the average corporation than I do.
I am fairly certain that 90% of employers that cut health coverage will not raise the salaries of employees to compensate. They will use 1 of 1000 excuses for why, but the result will be the same. You will be earnings the same as yesterday, but now you wont have free health coverage, and instead will have to go buy it from Obama.
They may get away with it in hard times, but most employers, of which I am one, do not want their best employees pissed off at them.