Would businesses be better off if they didn't provide health insurance benefits to their employees?

Think of all the money they could save.
--------------------
Actually, everyone would be better off if companies did not provide insurance to their employees! Individuals working at company x would then be able to bargain for higher wages such that he could purchase health insurance tailored to his/her needs and acceptance of risk. Put aside funds to cover their basic medical needs and save the rest in accounts set aside for health care need. This freedom on the part of the individual would not tie an employee to a company via the "golden handcuffs". Insurance rates would drop as more pools of like risk individuals form which would allow premiums to be established for those pools based on actuarial factors. Individuals would out of economic intelligence tend to remain healthier since every dollar spend on health care would be from their pocket not someone else --- Obesity, Drugs, life styles would have a measurable cost to each individual. Costs to business would decrease with reducing of law suits abuse of in house medical system. This would allow firms to lower the cost of goods and the economy would have more for less. Lastly, privacy of individual medical data would be enhanced --- firms would not be provide cohort analysis of their employees with projections on what each departments medical expense would be based on current age/sex demographics. City and state employer would not be saddled with medical cost for employee Q three x partners due to legal rights award him via domestic/civil court actions (Note in some states --- continuation of medical coverage can be assigned during divorce/separation processes.)
Source