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

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Ball Corporation Employees: How Social Media May Be Shaping Your Daily Life and Well-being

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Healthcare Provider Update: Healthcare Provider for Ball Corporation Ball Corporation's healthcare coverage is primarily provided through Aetna, a well-established insurer known for a range of healthcare plans tailored to meet the diverse needs of employees. Brief Overview of Potential Healthcare Cost Increases in 2026 As we look ahead to 2026, Ball Corporation employees should prepare for significant healthcare cost increases, with many anticipating premium hikes of over 60% in some states. This alarming trend is largely attributed to rising medical expenses, the potential expiration of enhanced federal premium subsidies, and aggressive actions from major insurers. Without congressional intervention to extend these vital subsidies, more than 22 million individuals could face an average increase of 75% in out-of-pocket costs, straining budgets and limiting access to essential healthcare services. It's crucial for employees to proactively plan for these developments to mitigate financial impacts in the coming year. Click here to learn more

Social media platforms like Facebook, Instagram, Snapchat, YouTube, and Twitter have become integral to our digital existence, influencing daily routines and shaping interactions across the globe. For Ball Corporation employees, understanding the benefits and pitfalls of these platforms is crucial, especially as they navigate the complexities of balancing work, personal life, and online presence.


Recent studies suggest that social media can intensify issues such as body image concerns, bullying, and FOMO (Fear of Missing Out), which in turn may lead to increased anxiety and depression. This is particularly pertinent when considering a diverse workforce, where life satisfaction and social media's impact might vary significantly among individuals.

While a comprehensive survey involving over 2,700 Americans indicated that 70.4% felt social media boosted their happiness, the experiences varied widely.  Employees at Ball Corporation might find these insights reflective of their own diverse experiences with social media, regardless of gender or political affiliation. Notably, age and marital status appeared to significantly influence perceptions, with relationship-bound individuals and millennials often reporting a negative impact on their life quality. This trend raises concerns, given the high incidence of mental health issues among young social media users.

Interestingly, the survey highlighted that people from the South and baby boomers tend to view social media more positively. This could resonate with Ball Corporation employees in these demographics who might see digital platforms as beneficial for maintaining connections and enhancing life satisfaction.


Usage patterns also vary by demographic, with women more likely to engage on Facebook, Instagram, and Pinterest, and younger individuals dominating platform activity. For Ball Corporation staff, understanding these trends can aid in tailoring their social media engagement to suit personal and professional needs, potentially enhancing both cognitive function and social interactions.

Despite the divided opinions, a significant portion of the population, including many who view social media negatively, would not prefer a world without it. This paradox underscores the complex relationship many have with digital platforms, appreciating their benefits while acknowledging the challenges they bring.

Regional differences in perception also emerge, with Southerners generally associating social media with higher life satisfaction, contrasting with more negative views from the Midwest. For geographically diverse employees, these findings might underscore the influence of regional culture and social norms on social media perceptions.

Overall, the dual nature of social media mirrors broader cultural trends. While it can source stress and anxiety due to unrealistic portrayals and societal pressures, it also offers significant opportunities for building connections and community support—key considerations for Ball Corporation employees seeking to balance online engagement with overall well-being.

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The findings, drawn from self-reported data by a diverse group of Americans, highlight the need to consider potential biases while assessing how digital habits impact various demographics within Ball Corporation.   Additionally, a 2022 University of California, San Francisco study suggests that older adults can derive cognitive benefits from regular social media use, improving memory and problem-solving skills, thus highlighting the potential for positive engagement in later stages of life.

For Ball Corporation employees, understanding the multifaceted impacts of social media is akin to navigating a vast retirement community—where the platforms offer spaces for interaction and engagement but also present challenges that require careful management to ensure a beneficial and fulfilling experience.

What type of retirement plan does Ball Corporation offer to its employees?

Ball Corporation offers a 401(k) Savings Plan to its employees to help them save for retirement.

How does Ball Corporation match employee contributions to the 401(k) plan?

Ball Corporation provides a matching contribution to employee 401(k) contributions, typically matching a percentage of what employees contribute up to a certain limit.

Can employees at Ball Corporation choose how their 401(k) contributions are invested?

Yes, employees at Ball Corporation can choose from a variety of investment options for their 401(k) contributions, allowing them to tailor their investment strategy.

What is the eligibility requirement for Ball Corporation employees to participate in the 401(k) plan?

Most employees at Ball Corporation are eligible to participate in the 401(k) plan after completing a specified period of service, typically within their first year of employment.

Does Ball Corporation offer any educational resources for employees to learn about the 401(k) plan?

Yes, Ball Corporation provides educational resources and tools to help employees understand their 401(k) options and make informed investment decisions.

What is the maximum contribution limit for employees participating in Ball Corporation’s 401(k) plan?

The maximum contribution limit for employees in Ball Corporation’s 401(k) plan is set by the IRS and may change annually; employees should check the latest limits for the current year.

Are there any fees associated with Ball Corporation's 401(k) plan?

Yes, Ball Corporation's 401(k) plan may have certain administrative fees, which are disclosed in the plan documents provided to employees.

Can employees take loans against their 401(k) savings at Ball Corporation?

Yes, Ball Corporation allows employees to take loans against their 401(k) savings, subject to specific terms and conditions outlined in the plan.

What happens to employees' 401(k) savings if they leave Ball Corporation?

If employees leave Ball Corporation, they can roll over their 401(k) savings into another retirement account, cash out, or leave the funds in the Ball Corporation plan, depending on the plan’s rules.

Does Ball Corporation allow for after-tax contributions to the 401(k) plan?

Yes, Ball Corporation may allow for after-tax contributions to the 401(k) plan, enabling employees to save additional funds for retirement.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Ball Corporation offers a defined benefit pension plan called the Ball Corporation Pension Plan. Employees become eligible after one year and vested after five years of service. The plan calculates benefits based on final average salary and years of service. Ball’s 401(k) plan, known as the Ball Corporation 401(k) Savings Plan, matches employee contributions up to 4% when contributing 5% or more. Immediate 100% vesting is provided for all contributions. [Source: Ball Benefits Overview, 2022, p. 12]
Ball Corporation transferred its pension liabilities to Prudential Annuity to manage costs and streamline administration. The company reported strong financial results for Q1 2024 and continues to offer competitive benefits including a 401(k) plan with company match and additional contributions. Understanding these benefits is vital given the current tax and political landscape.
Ball Corporation provides stock options and RSUs as part of its compensation packages. Stock options allow employees to purchase shares at a set price post-vesting, while RSUs are awarded with vesting conditions such as tenure or performance. In 2022, Ball Corporation enhanced its equity programs with performance-based RSUs. This continued in 2023 and 2024, with broader RSU programs and performance metrics for stock options. Executives and middle management are the main recipients, ensuring alignment with long-term company goals. [Source: Ball Corporation Financial Results 2022-2024, p. 58]
Ball Corporation’s 2022 healthcare updates included improved mental health support and expanded telehealth services. The company introduced additional wellness programs and preventive care options by 2023. For 2024, Ball Corporation focused on maintaining comprehensive health coverage and integrating innovative solutions. The strategy aimed to support overall employee well-being with digital health tools and comprehensive care options. Ball Corporation’s approach reflected a commitment to addressing evolving employee needs and enhancing benefits. The updates were designed to improve employee satisfaction and health management.
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For more information you can reach the plan administrator for Ball Corporation at 100 north riverside Chicago, IL 60606; or by calling them at 1-312-544-2000.

https://www.ball.com/getattachment/318cdc87-5e97-4291-b42e-79bbad714665/GRI-REPORT-2024-March-Update.pdf - Page 5 https://www.pbgc.gov/sites/default/files/documents/fy-2024-annual-performance-plan.pdf - Page 12 https://www.ball.com/getmedia/a64361fb-2ac5-4139-8497-e76e1add643c/2023_financial-data.pdf - Page 18 https://www.ball.com/getattachment/e0e7b2a3-5c68-4284-8f49-0a7bf45b3505/Ball-2023-GRI-Content-Index-Response_March-2023-1.pdf - Page 14 https://s1.q4cdn.com/288660599/files/doc_financials/2023/ball-corporation-2023-10k.pdf - Page 20 https://www.irs.gov/pub/irs-drop/rr-22-02.pdf - Page 8 https://cache.hacontent.com/ybr/R516/04471_ybr_ybrfndt/downloads/FedExCorporationPensionPlanAFN.pdf - Page 15 https://www.nvpers.org/sites/default/files/publications/21735_NV_PERS_News_2022_p6_1.pdf - Page 10 https://www.bdo.com/getmedia/bdc0ae98-c4b6-4f30-a4a9-c3e8a2d64dc4/EBP_2023-Deadlines-and-Important-Dates.pdf?ext=.pdf - Page 9 https://assets.kpmg.com/content/dam/kpmg/us/pdf/2022/10/22323.pdf - Page 13

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