Employers might do that, pass the savings in not having a group plan on to their employees, but it will not be nearly enough for them to get anywhere near the same coverage on their own.
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.