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New Update: Healthcare Costs Increasing by Over 60% in Some States. Will you be impacted?

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Discover the Top 5 Advantages of Continuing to Work in Retirement for Zimmer Biomet Holdings Employees

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Healthcare Provider Update: Healthcare Provider for Zimmer Biomet Holdings: Zimmer Biomet Holdings operates primarily in the orthopedic medical device sector, manufacturing products for joint reconstruction, dental implants, and spine and trauma surgeries. The company's healthcare provisioning is centered around the distribution of these specialized medical devices to hospitals and surgical centers. Additionally, Zimmer Biomet may collaborate with healthcare providers for integrated services involving surgical procedures, rehabilitative care, and patient education. Potential Healthcare Cost Increases in 2026: As the healthcare landscape evolves, Zimmer Biomet Holdings, along with the broader market, faces significant challenges due to looming healthcare cost increases in 2026. Record premium hikes for Affordable Care Act (ACA) plans are anticipated, with some states seeing increases that may exceed 60%. This surge is attributed to a combination of rising medical costs, the expiration of enhanced federal subsidies, and aggressive rate hikes from major insurers, potentially leading to a staggering 75% rise in out-of-pocket premiums for many consumers. Such pressures not only impact affordability but also present strategic challenges for healthcare providers and companies like Zimmer Biomet navigating a complex market landscape. Click here to learn more

In the past, retirement has been portrayed as an ending, a grand exit from your years in the workplace. But the rules are shifting. Labor force participation among those aged 65-74 is predicted to reach 32 percent by 2022, up from just 20 percent in 2002.(1) As the Boomer generation ages, more people are viewing retirement as an opportunity to enjoy the rewards of work in a whole new way. Read on to discover some of the benefits you can enjoy after you retire from Zimmer Biomet Holdings.

 

1. Mental Benefits

Working during your Zimmer Biomet Holdings retirement can help maintain mental agility as you learn new skills. Staying engaged in work helps build 'mental muscle,' which can lessen the risk of developing dementia and Alzheimers(2) and ward off the signs of aging.

 

2.. Physical Benefits

Staying active during your Zimmer Biomet Holdings retirement years is crucial for continued health. Whether you choose to work full-time or volunteer a few days a week, engaging in some form of work will keep your body moving, and give you opportunities to stay balanced, strong, and healthy.

3. Financial Benefits

Besides the obvious extra income, working during your Zimmer Biomet Holdings retirement may allow you to delay taking Social Security benefits. For every year you wait to take Social Security, your benefits can increase by an average of 8 percent annually.(3) Finding a strategy that works for you can truly pay off.

4. Emotional Benefits

Studies have shown that a sense of purpose has been found to lengthen lifespan and quality of life.4 Working on something you care about, starting a new business, or mentoring others in the workplace can ward off depression and provide a healthy sense of fulfillment and direction in your years or retirement from Zimmer Biomet Holdings.

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5. Social Benefits

One of the risks associated with retirement is increased isolation, which in terms of its impact on your health, has been equated with smoking nearly a pack of cigarettes a day.5 Working with others reduces this risk, giving you a chance to build connections and enjoy meaningful interactions.

Sources

1. AARP.org, February/March 2015

2. Forbes, 2017

3. Social Security Administration, 2017

4. Association for Psychological Science, 2017

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For more information you can reach the plan administrator for Zimmer Biomet Holdings at P.O. Box 708 Warsaw, IN 46581; or by calling them at 800-613-6131.

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