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

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How Ball Corporation Employees Can Boost Online Privacy with Smart Data 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

In today's digital age, online platforms frequently request personal information from users. Whether it's social media or e-commerce, people are often asked to share details like names, email addresses, phone numbers, and even sensitive data such as birth dates and gender. Although common, these requests carry potential risks. Hackers can exploit such data, leading many to adopt a tactic of providing inaccurate information to maintain privacy. This article explores the implications of this approach, both legally and practically, along with strategies to help Ball Corporation employees manage their personal data online.

Why Do People Share Inaccurate Information?

Entering false information when signing up for websites has become widespread.  According to John Davisson, Chief Counsel and Director of Justice at the Privacy Information Center , this tactic is often used to guard against data breaches or to prevent companies from using personal data for targeted advertising or selling to data brokers. For Ball Corporation employees, this method serves as a privacy measure.

Popular U.S. websites like Facebook, Google, Microsoft, and Yahoo generally don’t verify user-provided information, making it simple for individuals to create accounts using pseudonyms or alternate birthdates.  Thorin Klosowski, a privacy advocate at the Electronic Frontier Foundation , often uses inaccurate information for non-essential services to maintain his privacy.

Pros and Cons of Trusting Online Service Providers

Pros:

  • Privacy Management:  Using fictitious data can reduce the risk of real data exposure in case of a breach.

  • Ease of Use:  Many platforms don’t require verification, allowing Ball Corporation employees to easily use alternative details.

Cons:

  • Account Recovery Issues:  If an account is compromised, it may be challenging to recover if one does not remember the provided details.

  • Legal and Service Issues:  Providing false data is typically legal if it’s not fraudulent; however, it may violate a platform's terms of service and result in account suspension.

Legal Framework and Intent

Under the U.S. Computer Fraud and Abuse Act , entering false information only becomes a legal issue if it involves unauthorized system access.  The Department of Justice clarifies that entering inaccurate data does not constitute an offense unless it causes harm or misuse . Michael P. Heiskell, former president of the National Association of Criminal Defense Lawyers, notes that legal liability is based on intent. If the purpose is to maintain privacy rather than commit fraud, Ball Corporation employees generally remain within legal bounds.

Practical Considerations

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When using inaccurate information, it’s important to consider future verification needs. For example, car rental companies and some merchants require that identification match online details, which can complicate matters if inaccurate data is used. Additionally, essential services like tax documentation or healthcare benefits require accurate details, especially for Ball Corporation employees.

Strategies for Managing Personal Data

To balance privacy and convenience, consider these approaches:

  1. Use a Secondary Email Address:  For non-essential services, use a different email to keep your primary inbox free of spam and other unwanted messages.

  2. Evaluate Information Sharing:  Share personal information only when necessary, especially with services tied to financial or employment benefits.

  3. Review Platform Policies:  Understand the terms of service for each platform and potential consequences of providing inaccurate data.

Conclusion

Deciding whether to provide accurate or false information online involves weighing privacy, digital identity, and security considerations. As digital platforms evolve, so must our strategies for managing personal data in a connected world. Ball Corporation employees, in particular, should consider the benefits and risks carefully, aligning actions with legal boundaries and personal data needs.

For individuals aged 60 and older, who may be transitioning to retirement, cybersecurity is especially relevant.  A 2019 study by the American Association of Retired Persons (AARP)  found that those over 60 are more vulnerable to identity fraud, partly due to extensive financial histories and less familiarity with digital protocols. Using strong password practices and carefully considering the personal information shared online is essential. This also includes being thoughtful about when using inaccurate information is prudent to help prevent identity theft.

 

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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