I don't think the that the insurance companies will enter into that type of suicide pact. The dream died when the Supreme Court said the states could opt out of enhanced Medic-Aid.
To be honest, I really have no idea what’s going to happen with this thing. If we had a “normal” American government, the second the existing law was changed on a whim by the President (to delay the employer mandate and give exemptions to some groups), the legislative branch would have stood up and said, “Can’t do that, suckah!” But that of course didn’t happen. Apparently we’re living in a time when the President, in between golf matches, can just arbitrarily alter existing law whenever he feels like it.
I have to say I am a little bit encouraged that traditional Democrat allies like the unions have started screaming bloody murder since the details of Obamacare have been released. Another reason I think the individual mandate will be delayed a year, as the corporate mandate has. But then again, as I say, who can possibly predict what will happen when Washington has gone this crazy?