It is easy to lose sight of the reason the law was put into place initially. Older people were being let go to deny them their benefits. The cost/benefit analysis was working against them. Nevermind that they earned those benefits over time.
If the cost/benefit analysis is working against you, it means that you’re not worth nearly as much to the company as you used to be. Many older employees are like this. They fail to consider that since health insurance can go up dramatically with old age because of the myriad problems the elderly face, that their employer may be paying out the nose for an employee who is only marginally better than they were 10 years ago.
People used to compensate for this by being expected to save up enough money to pay their way through old age. Not anymore. That would ruin the American Dream of prosperity at limited expense to you. To borrow from Biden’s rubbish about fairness, it wouldn’t be fair to tell an older person that they’ll have to forfeit their benefits, and take a several thousand dollar credit toward buying their own insurance if they want to remain employed.
