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Price control has been tried in other parts of the insurance industry, most notably wind coverage in Florida and earthquake and workers compensation coverage in California. The results are disasterous, every single time. It doesn't work because there's no way of predicting the future. What is a winning formula today is almost certainly a recipe for bankruptcy tomorrow.
That's why universal healthcare is a much more likely result than price controls.
That said, there was an article yesterday in one of the online insurance journals that addressed exactly this issue. There is legislation going through Congress right now to stop this kind of "cherry picking". It's already being addressed.
As far as employers dropping health care coverage, I don't think it happens at nearly the scale that you seem to. For one thing, it opens the company up to management liability issues, and I know of at least a couple of cases of this nature that were settled for the plaintiffs.
Uber - do you mean "great conjecture" as in it's logical or "great conjecture" as in I'm making too many leaps to get there?
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"They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety." - B. Franklin
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