Designed to force companies to drop retirees and cause retirees to clamor for single payer.
Wonderful! Obozo gives this benefit to the world out of the kindness of his heart, and the evil, evil, capitalist, bosses reward the workers by discontinuing their healthg plans. Democrats are nice, Republicans are evil.
More likely retirees will clamor for the heads and hides of the stupid Democrats who inflicted this bureaucratic disorder on them.