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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 Best U.S. Cities for a Thriving Retirement After Leaving Ball Corporation: Your Guide to Exceptional Healthcare and Lifestyle Choices

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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

Introduction

There is no denying the link between excellent healthcare and a fulfilling retirement years. Whether Ball Corporation individuals retire early or at a typical age, one thing that is certain is that they will need more medical care and that the prices will rise accordingly. Therefore, retirees would be sensible to prioritize living in areas with first-rate medical services. This article examines twelve American communities that stand out for offering Ball Corporation seniors excellent healthcare, guaranteeing a happy and health-conscious retirement.

1. Rochester, Minnesota

Rochester is known for its top-notch medical facilities, most notably the Mayo Clinic, which is a world authority on medical treatment and research. This city serves both domestic and foreign patients as a center for people looking for cutting-edge medical care and opportunities to participate in innovative clinical trials.

2. Truckee, California

Retirees are drawn to Truckee, which is tucked away in the Sierra Nevada Mountains and offers a wealth of outdoor recreational opportunities. It is the location of the Gene Upshaw Memorial Tahoe Forest Cancer Center, which is well-known for providing elite cancer care in addition to auxiliary services including fitness classes designed specifically for cancer patients and survivors.

3. St. George, Utah


St. George receives praise for senior health care despite Utah's low ratio of older citizens. With its many golf courses, the city is a sanctuary for active Ball Corporation retirees. Parts of Utah, Arizona, and Nevada are served by St. George Regional Hospital, which acts as the region's main hospital.

4. Salt Lake City, Utah

A combination of outstanding medical facilities and active lifestyle options are available in Salt Lake City. This city is home to the University of Utah Hospital, which is renowned for its excellence in lung surgery, ophthalmology, and cancer treatment. It also boasts senior-friendly recreational opportunities.

5. Pinehurst, North Carolina

Pinehurst, a peaceful and pleasant community, is becoming a center for healthcare in the area. It offers complete medical care and is home to a regional hospital, specialist surgery center, heart center, and cancer center that opened recently.

6. Naples, Florida

Ball Corporation retirees in Naples can live a healthy lifestyle surrounded by tropical landscapes. Adjacent to the Everglades, the city is home to the NCH Baker Hospital, a premier medical facility and part of the Mayo Clinic Care Network.

7. The Villages, Florida

Located in central Florida, this master-planned community for seniors offers a variety of amenities to promote healthy living. Nine care centers that offer both general and specialist healthcare services are located within The Villages.

8. Lincoln, Nebraska

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Ball Corporation retirees can enjoy a range of healthful activities and educational opportunities in Lincoln, the capital of Nebraska. Despite Omaha having more hospitals, Lincoln's close proximity guarantees prompt access to high-quality medical treatment.

9. Portland, Maine

The surrounding natural settings of Portland offer many of chances for retired people who are active. Maine Medical facility, the best hospital in the city, has a geriatric facility that specializes in outpatient care, consultations, and health advice for senior citizens.

10. Seattle, Washington

With a vast network of urban parks and trails, Seattle is an outdoor enthusiast's dream come true despite its milder climate. According to a recent WalletHub survey, the city is considered healthiest due to its abundance of green areas, wholesome food alternatives, and top-notch medical facilities, including UW Medical Center, which is renowned for its outstanding care.

11. Scottsdale, Arizona

Scottsdale, which has a sizable senior population, provides retirees with a lifestyle that is centered on the community. Renowned for its balmy winters and continuous sunshine, the city is home to a Mayo Clinic branch.

12. Atlanta, Georgia

Atlanta is a leader in offering senior support programs funded by the city. Additionally, the city is home to several top-notch hospitals, including Emory University Hospital.

Conclusion

It is impossible to overestimate the significance of having affordable, high-quality medical care, particularly in retirement. It's critical to assess hospital accessibility, ratings, and services when choosing retirement communities. These twelve cities are outstanding examples of how to combine first-rate healthcare with a way of life that promotes a happy, healthy retirement from Ball Corporation.

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In addition to the cities mentioned, Asheville, North Carolina, has recently garnered attention as a prime retirement destination for those seeking quality healthcare. According to a report from U.S. News & World Report (2023), Asheville features first-rate healthcare facilities like the Mission Hospital, recognized for its robust geriatric program. This is particularly relevant for retirees who prioritize specialized elderly care. Asheville's blend of picturesque landscapes and a focus on wellness, including numerous health-centric community programs, further elevates its appeal to those entering their golden years. This combination of healthcare excellence and a lifestyle conducive to well-being makes Asheville an ideal choice for retirees.

Choosing a retirement city for its healthcare quality is like selecting a fine wine for a distinguished palate: just as a connoisseur picks a wine not only for its flavor but for its aging potential and the vineyard's reputation, a discerning retiree selects a city not just for its immediate appeal but for its long-term health benefits and the caliber of its medical facilities. Cities like Rochester, Asheville, and Naples are akin to vintage wines from esteemed vineyards - they promise a retirement enriched by top-tier healthcare, akin to how a fine wine ensures an exquisite, lingering taste, enhancing the golden years with health and vitality.

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]
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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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