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

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NOV Retirees: Discover the Hidden Charms of Small-Town Living for Your Next Chapter!

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Healthcare Provider Update: Healthcare Provider for NOV The healthcare provider for NOV Inc. (formerly known as National Oilwell Varco) is typically determined by their employee health insurance plans, which can include various major insurance carriers. These providers may vary depending on the location and specific plans offered through NOV's benefits packages. Common offerings may include large insurers such as UnitedHealthcare, Aetna, or Blue Cross Blue Shield, among others. Healthcare Cost Increases in 2026 As the healthcare landscape evolves, significant premium hikes for Affordable Care Act (ACA) marketplace plans are anticipated in 2026, with some states projecting increases exceeding 60%. The primary drivers of these surges include rising medical costs, the potential expiration of enhanced federal premium subsidies, and substantial rate increases from major insurers. The Kaiser Family Foundation warns that without congressional intervention, approximately 22 million enrollees could experience a staggering rise in out-of-pocket costs, with a potential increase of over 75% in their premiums. This combination of factors signals a challenging financial environment for healthcare consumers as they navigate impending cost fluctuations. Click here to learn more

Small towns across America offer a unique blend of nostalgia, tradition, and practicality that makes them attractive retirement destinations. These towns vary in size, often defined by their quaint appearance, supportive lifestyles, and strong community bonds. This guide explores a variety of such towns, assessing them based on factors like cost of living, crime rates, healthcare availability, senior housing options, transportation, and local attractions.

1. Greer, South Carolina

Greer, a town of about 39,000 in upstate South Carolina, exemplifies small-town charm with its revitalized downtown and numerous community activities. Its proximity to the Greenville-Spartanburg International Airport and Amtrak services enhances its accessibility. The town's offerings include a weekly farmers market, regular festivals, and diverse recreational activities, making it an engaging place for active NOV retirees.

2. Coolidge, Arizona

Located in the Sonoran Desert, Coolidge is a small town of over 14,700 residents. Known for its warm summers and moderate winters, it appeals to retirees who prefer desert climates. The cost of living here is lower than both the national and Arizona averages. Coolidge is home to the Casa Grande Ruins National Monument and offers educational opportunities at Central Arizona College.

3. Dillsboro, North Carolina

Dillsboro, nestled on the Tuckasegee River near the Great Smoky Mountains, is a historic railroad town with fewer than 300 residents. It offers a unique blend of 19th-century charm and modern amenities. The cost of living aligns with the national average, and its proximity to Asheville makes it a favorable option for retirees seeking a balance between tranquility and accessibility.

4. Fredericksburg, Texas

Fredericksburg, a town of approximately 11,000 residents, is steeped in German heritage. The town is a haven for wine enthusiasts and stargazers, thanks to its location amidst over 100 wineries and status as a Dark Sky Community. Its tourist appeal is heightened by its historical landmarks, diverse culinary scene, and proximity to major cities like San Antonio and Austin.

5. Cedar Key, Florida

This Gulf Coast town with fewer than 900 residents is a serene and scenic retirement choice. Florida's tax benefits for retirees and Cedar Key's moderate cost of living are significant draws. The town is known for its nature trails, wildlife refuge, and fresh seafood, providing a tranquil environment for NOV retirees.

6. Paso Robles, California

Halfway between San Francisco and Los Angeles, Paso Robles is a city of around 31,000. It offers a lively downtown, numerous wineries, and a range of outdoor activities. The town's mild climate and proximity to the coast make it an attractive destination for NOV retirees who enjoy an active lifestyle.

7. Stroudsburg, Pennsylvania

Located in the Pocono Mountains, Stroudsburg is a small town with a population under 6,000. It blends historical charm with modern amenities and hosts various community events, making it ideal for retirees who value cultural engagement and family-friendly activities.

8. Mequon, Wisconsin

Mequon, near Milwaukee, is known for its open spaces and outdoor recreational opportunities. The Village of Thiensville within Mequon adds to its charm with various events and local amenities. Its proximity to Milwaukee enhances its appeal for those seeking a blend of suburban and urban experiences.

9. Bristol, Vermont

Bristol, nestled in the Green Mountains with a population of less than 4,000, is a quintessential New England town. It offers a range of community events and maintains a traditional atmosphere, complete with horse-drawn recycling collection. Its scenic beauty and historic downtown appeal to those looking for a tranquil retirement setting.

10. Hamilton, Montana

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For those who value wide-open spaces and a rural lifestyle, Hamilton is an ideal choice. With fewer than 5,000 residents, it offers a strong sense of community while being close to the amenities of a larger city. The town's historical significance and natural beauty make it a compelling choice for independent, active retirees.

An additional aspect that may appeal to our target audience of established professionals and retirees is the availability of high-quality healthcare services in small towns. For example, Fredericksburg, Texas, not only offers cultural richness and scenic beauty, but also boasts the Hill Country Memorial Hospital, which has been recognized for its excellence in patient care. This hospital has received numerous accolades, including being named one of the nation's 100 Top Hospitals by IBM Watson Health. Access to top-tier healthcare facilities is a crucial consideration for retirees, ensuring peace of mind and well-being in their chosen community. 

Selecting a small town for retirement from NOV is akin to choosing the perfect vintage wine from a distinguished vineyard. Just as a connoisseur appreciates the unique notes, history, and region of a fine wine, retirees can savor the distinct characteristics of each small town. Greer, SC, with its lively community events, resembles a vibrant and robust red, while the tranquil desert ambiance of Coolidge, AZ mirrors the smooth, subtle notes of a classic white. Fredericksburg, TX, with its rich cultural heritage, is akin to a rare, aged bottle, steeped in history and flavor. Each town, much like a carefully curated wine collection, offers its own unique bouquet of lifestyle, culture, and comfort, promising a fulfilling and refined NOV retirement experience.

What is the purpose of NOV's 401(k) Savings Plan?

The purpose of NOV's 401(k) Savings Plan is to help employees save for retirement by allowing them to contribute a portion of their salary on a pre-tax or after-tax basis.

How can employees enroll in NOV's 401(k) Savings Plan?

Employees can enroll in NOV's 401(k) Savings Plan by accessing the company's benefits portal and following the enrollment instructions provided.

Does NOV offer a company match for contributions to the 401(k) Savings Plan?

Yes, NOV offers a company match for contributions to the 401(k) Savings Plan, which helps employees maximize their retirement savings.

What types of investment options are available in NOV's 401(k) Savings Plan?

NOV's 401(k) Savings Plan provides a variety of investment options, including mutual funds, target-date funds, and other investment vehicles tailored to different risk tolerances.

Can employees change their contribution percentage to NOV's 401(k) Savings Plan at any time?

Yes, employees can change their contribution percentage to NOV's 401(k) Savings Plan at any time through the benefits portal, subject to certain limitations.

Is there a vesting schedule for the company match in NOV's 401(k) Savings Plan?

Yes, there is a vesting schedule for the company match in NOV's 401(k) Savings Plan, which determines when employees fully own the matched funds based on their years of service.

What is the minimum age requirement to participate in NOV's 401(k) Savings Plan?

The minimum age requirement to participate in NOV's 401(k) Savings Plan is typically 21 years old, although employees can start contributing once they meet this age requirement.

Are there any fees associated with NOV's 401(k) Savings Plan?

Yes, there may be fees associated with NOV's 401(k) Savings Plan, including administrative fees and investment management fees, which are disclosed in the plan documents.

How often can employees change their investment allocations in NOV's 401(k) Savings Plan?

Employees can change their investment allocations in NOV's 401(k) Savings Plan at any time, although there may be restrictions on frequent trading.

What happens to an employee's 401(k) account if they leave NOV?

If an employee leaves NOV, they have several options for their 401(k) account, including rolling it over to another retirement account, cashing it out, or leaving it in the NOV plan if eligible.

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