Healthcare Provider Update: Healthcare Provider for Huntington Ingalls Industries The healthcare provider for Huntington Ingalls Industries (HII) primarily focuses on providing employee health benefits through a mix of employer-sponsored insurance plans, as well as partnerships with other insurance carriers for comprehensive coverage options. HII is known for offering valuable benefits, helping ensure that their employees have access to necessary medical care. Specific healthcare providers might include major insurers that operate in the regions where HII has a presence, but details on the exact provider may vary based on the location and employee choices. Potential Healthcare Cost Increases in 2026 for Huntington Ingalls Industries As 2026 approaches, Huntington Ingalls Industries employees should prepare for significant healthcare cost increases, with some states projected to see premium hikes exceeding 60%. Factors contributing to these spikes include the expiration of enhanced federal subsidies from the Affordable Care Act (ACA), escalating medical costs, and heightened demand for healthcare services. Consequently, employees may find themselves shouldering a larger portion of healthcare expenses as companies like HII adapt their benefit structures to counterbalance rising costs, potentially resulting in out-of-pocket expenses increasing sharply next year. It is crucial for employees to familiarize themselves with upcoming benefit changes and strategically assess their healthcare plan options to mitigate the financial impact. Click here to learn more
'Strong credit habits can give Huntington Ingalls Industries employees greater flexibility when preparing for major financial decisions, especially as they transition toward retirement,' says Michael Corgiat, a representative of The Retirement Group, a division of Wealth Enhancement.
'Huntington Ingalls Industries employees who build and maintain strong credit habits may position themselves for smoother financial decisions in the years leading up to retirement,' says Brent Wolf, a representative of The Retirement Group, a division of Wealth Enhancement.
In this article, we will discuss:
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How strong credit can support borrowing for major purchases.
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Eight habits that may positively influence your credit score.
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Ways to monitor and maintain the accuracy of your credit report.
When borrowing for a major purchase, strong credit can make the process smoother and possibly less expensive. Like preparing for a long-term project at Huntington Ingalls Industries, progress comes from consistent effort over time—not rushing right before the deadline.
Here are eight habits that can support your credit score.
1. Make timely bill payments
Payment history is a major factor in credit scoring. Staying on top of due dates for loans and credit cards demonstrates reliability. Options like scheduled reminders or autopay can help keep everything flowing.
2. Maintain minimal credit balances
Using only a portion of your available credit—especially on revolving accounts like credit cards—can contribute to a stronger score. Credit utilization (how much of your borrowing limit you’re using) is a key consideration for lenders.
3. Keep older accounts open when it makes sense
The length of your credit history influences how strong your borrowing profile appears. Older accounts highlight more long-term behavior. However, if an account has high fees or encourages overspending, closing it may still be practical for some Huntington Ingalls Industries households.
4. Limit unnecessary new credit applications
Applying for credit can trigger hard inquiries that temporarily place slight downward pressure on your credit score. Multiple inquiries for the same type of loan—like mortgage rate shopping—typically count as one within a defined window. Checking your own credit does not affect your score.
5. Maintain a healthy mix of credit types
Responsibly managing a blend of installment loans and revolving accounts can demonstrate financial flexibility. This doesn’t mean taking on debt that isn’t needed. However, thoughtfully managing different forms of credit over time may help strengthen your profile as life evolves during and after a Huntington Ingalls Industries career.
6. Monitor your credit report regularly
You are entitled to free credit reports from the major bureaus—Equifax®, Experian®, and TransUnion®. Reviewing them can help identify errors, lingering balances, or signs of fraud. Staying proactive keeps your credit information accurate and up-to-date.
7. Dispute any reporting mistakes
If you find incorrect data on your report, you can file a dispute with the reporting bureau and contact the creditor at issue. Fixing errors can help make sure your score reflects your actual history.
8. Strengthen your overall financial picture
Budgeting, keeping debt manageable, and maintaining an emergency fund may make it easier to keep up with credit-related commitments. When finances stay organized, positive credit habits typically follow.
Need help planning for retirement?
A well-managed credit profile can be an important part of your overall financial life, including the transition into retirement. The Retirement Group can assist you as you prepare for your future. If you would like guidance, call (800) 900-5867 to speak with our team.
Need help planning for retirement?
A well-managed credit profile can be an important part of your overall financial life, including the transition into retirement. The Retirement Group can assist you as you prepare for your future. If you would like guidance, call (800) 900-5867 to speak with our team.
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Sources:
1. Consumer Financial Protection Bureau. “How Do I Dispute an Error on My Credit Report?” CFPB , 18 Dec. 2024, www.consumerfinance.gov/ask-cfpb/how-do-i-dispute-an-error-on-my-credit-report-en-314/ . Accessed 27 Oct. 2025.
2. Experian Editorial Team. “Do Multiple Loan Inquiries Affect Your Credit Score?” Experian , 30 Aug. 2024, www.experian.com/blogs/ask-experian/do-multiple-loan-inquiries-affect-your-credit-score/ . Accessed 27 Oct. 2025.
3. FICO. “What’s in My FICO® Scores?” myFICO , n.d., www.myfico.com/credit-education/whats-in-your-credit-score . Accessed 27 Oct. 2025.
4. Federal Deposit Insurance Corporation. “Credit Reports.” FDIC , 1 Aug. 2023, www.fdic.gov/consumer-resource-center/credit-reports . Accessed 27 Oct. 2025.
5. Federal Trade Commission. “Free Credit Reports.” FTC Consumer Advice , 2023–2024, consumer.ftc.gov/free-credit-reports. Accessed 27 Oct. 2025.
How does the Huntington Ingalls Industries (HII) pension plan integrate with Social Security benefits for maximizing an employee's retirement income, and what specific strategies can HII employees use to understand this integration better?
HII pension plan integration with Social Security: The HII pension plan works alongside Social Security benefits, with no reduction in pension payments due to Social Security benefits at age 65 or later. However, if an employee receives workers' compensation benefits, the pension may be reduced. To better understand this integration, employees should review their Social Security benefits statement and consult with the HIBC (Huntington Ingalls Benefits Center) for detailed guidance(Huntington Ingalls Indu…).
In relation to the Huntington Ingalls Industries (HII) pension plan, what are the eligibility requirements for normal and early retirement, and how do these requirements affect long-term financial planning for HII employees approaching retirement age?
Eligibility for normal and early retirement: Employees are eligible for normal retirement at age 65 or after five years of service, whichever comes first. Early retirement is available from age 55 with at least 10 years of service. Early retirement benefits are reduced to reflect the longer payout period, which can impact financial planning. Employees should consider whether to defer retirement to receive full benefits or take a reduced early retirement benefit(Huntington Ingalls Indu…).
How do changes in employment status, such as promotion or changing between hourly and salaried positions, affect pension benefits for Huntington Ingalls Industries (HII) employees, and what should employees consider when anticipating these changes?
Effect of employment status changes: Changes in employment status, such as a promotion or transitioning between hourly and salaried positions, can affect pension eligibility and accrual. For instance, transferring from an hourly to a salaried role might mean cessation of accrual under one plan and ineligibility to return to the previous plan unless specific conditions are met. Employees should check the plan rules and consult with HIBC before making such changes(Huntington Ingalls Indu…).
For employees of Huntington Ingalls Industries (HII), what steps must be taken to ensure that pension benefits are properly claimed and administered upon retirement, and what role does documentation play in this process?
Claiming pension benefits: Employees should notify the HIBC at least two months before their intended retirement date to begin the process of claiming pension benefits. Proper documentation, including a birth certificate, Social Security information, and marriage certificates (if applicable), is essential. Delays in providing this information can result in delays or even forfeiture of benefits(Huntington Ingalls Indu…).
How do the rules surrounding spousal consent impact retirement benefit elections for employees at Huntington Ingalls Industries (HII), and what specific options are available for employees considering different forms of retirement income?
Spousal consent and retirement elections: HII requires spousal consent for retirement elections other than the standard 50%, 75%, or 100% joint and survivor annuity options. This ensures that spouses are aware of and agree to any reduction in survivor benefits. Employees should discuss these options with their spouse and obtain written, notarized consent when necessary(Huntington Ingalls Indu…).
What are the implications of the pension plan provisions related to disability retirement for Huntington Ingalls Industries (HII) employees, including the eligibility criteria and the impact on social security benefits that employees should be aware of?
Disability retirement provisions: Disability retirement is available to employees with at least 15 years of service who qualify for Social Security disability benefits. Disability retirement benefits are not reduced for early commencement, making it a beneficial option for qualifying employees. It’s crucial for employees to apply to both HII and the Social Security Administration to claim these benefits(Huntington Ingalls Indu…).
In what ways does the pension plan of Huntington Ingalls Industries (HII) accommodate employees who have service credits from other employers or previously merged plans, and what actions should employees take to clarify their benefits?
Service credits from other employers: The HII pension plan may accommodate employees who have service credits from previously merged plans. If an employee has transferred assets from another employer’s plan, they should contact the HIBC to clarify how these credits affect their pension calculation(Huntington Ingalls Indu…).
How do the changes in IRS limits for retirement accounts in 2024 impact the retirement planning for employees of Huntington Ingalls Industries (HII), and what resources does HII provide to assist employees in navigating these changes?
IRS limit changes for 2024: Changes in IRS contribution limits affect retirement planning by capping how much can be saved in tax-advantaged accounts. HII provides access to tools and financial advisors through the HIBC, allowing employees to review how these changes impact their pension and 401(k) contributions(Huntington Ingalls Indu…).
What are the consequences for employees at Huntington Ingalls Industries (HII) if they fail to notify the benefits center of their address changes or retirement intentions, particularly concerning the accrual and distribution of their pension benefits?
Consequences of failing to notify benefits center: If an employee fails to update their address or retirement intentions with the HIBC, it may result in delayed pension payments or the loss of benefits. It is crucial to maintain up-to-date contact information to ensure smooth benefit distribution(Huntington Ingalls Indu…)(Huntington Ingalls Indu…).
If an Huntington Ingalls Industries (HII) employee wants to learn more about their specific pension benefits or has questions regarding the pension plan, what methods can they use to contact HII for assistance, and what information should they have ready during this communication?
Contacting HII for pension information: Employees can contact the HIBC via phone or the online portal (http://hiibenefits.com) to inquire about their pension benefits. They should have personal identification details such as Social Security numbers, marital status, and anticipated retirement dates ready for efficient assistance(Huntington Ingalls Indu…).
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