What we're finding out about ObamaCare now is that the whole idea of "redistribution" is a con job, too. Many of the people who are forced to buy inferior insurance coverage under this Federal mandate are simply telling the government to "'Eff off," and there's really nothing the government or the insurance industry is going to do about it.
I think you’re overly critical of business. Insurance in this country began around WWII where the government implemented wage controls. In order to attract more and better workers, companies started to offer insurance as a benefit whose price could not be set by the government.
Moreover, if I were a businessman or a CEO in a large global company, there are still many positions which I think would benefit from offering insurance to the employee. I think it’s just one more piece of the overall package for employees that breeds comfort, continuity, loyalty and stability in that part of the workforce that cannot be replaced at the drop of a hat.
If business in general is relieved of its ability to offer this incentive, one could imagine a workforce that is entirely arbitrary and capricious in its loyalty and willing to work at any particular job. Stop work on Friday, start somewhere else on Monday with no notice because they offer 10 cents an hour more. That’s exactly what our food service labor market is like now in many cases, except where the illegals have infested the workforce.
With a government mandated separate insurance policy, one could envision a dramatic turnover in many businesses - bottom line: lost productivity, higher training costs, higher HR costs, higher everything. Not good.