Navigating Change: Financial Insights for Divorced Employees of Zimmer Biomet Holdings

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

The latest research suggests that divorce rates in the U.S. have been falling in recent decades. Still, many people face the difficult crossroads that comes when their marriage ends.

Getting a divorce is a painful, emotional process. Don’t be in such a hurry to reach a settlement that you make poor decisions that can have life-long consequences. For any of our Zimmer Biomet Holdings clients who may possibly have to have a divorce, here are a few financial ideas that may help you prepare.

The most important task these Zimmer Biomet Holdings employees can do is to get their finances organized. Identify all your assets and make copies of important financial papers, such as deeds, tax returns, and investment records. When it comes to dividing up your assets, consider mediation as a low-cost alternative to litigation. Most states have equitable-distribution laws that require shared assets to be divided 50/50 anyway. When a divorce becomes contentious, attorney’s fees can accumulate.

From a financial perspective, divorce means taking all the income previously used to run one household and stretching it out over two residences, two utility bills, two grocery lists, etc. There are other hidden costs as well, such as counseling for you or your children. Divorces also may require incurring one-time fees, such as a security deposit on a rental property, moving costs, or increased child-care.

Finally, dividing assets may sound simple but it can be quite complex. The forced sale of a home or investment portfolio may have tax consequences. Potential tax liability also can make two seemingly equal assets have varying net values. Additionally, when pulling apart a portfolio, it makes sense to consider how each asset will suit the prospective recipient in terms of risk tolerance and liquidity.

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We'd like our Zimmer Biomet Holdings clients to remember, the information in this article is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation.

During a divorce, many factors are competing for attention. By these Zimmer Biomet Holdings employees understanding a few key concepts, they may be able to avoid making costly financial mistakes.

1. The Wall Street Journal, 2019