<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=314834185700910&amp;ev=PageView&amp;noscript=1">

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

Learn More

Navigating Your Retirement Health Journey: Essential Insights for Las Vegas Sands Employees

image-table

Healthcare Provider Update: Healthcare Provider for Las Vegas Sands Las Vegas Sands offers its employees healthcare benefits that mainly involve coverage through a network of managed care plans, including offerings from major national insurers like UnitedHealthcare and Anthem BlueCross BlueShield. Employees typically have access to various plan options, allowing them to choose a coverage level that best meets their healthcare needs. Potential Healthcare Cost Increases in 2026 As 2026 approaches, Las Vegas Sands employees are likely to face significant increases in healthcare costs. Premiums in the ACA marketplace are projected to rise sharply, potentially by over 60% in some states, driven by escalating medical care costs and the anticipated expiration of enhanced federal subsidies. This situation may lead to employers like Las Vegas Sands shifting more healthcare expenses onto employees, with many firms indicating plans to increase deductibles and out-of-pocket maximums. Consequently, employees must prepare for a potentially hefty financial impact when selecting their health plans for the upcoming year. Click here to learn more

The path to retirement marks a profound transition in life, encompassing not only financial adjustments but significant psychological and physical changes as well. The early years of this phase can deeply influence the subsequent decades, making it crucial for Las Vegas Sands employees to approach retirement with a strategic and informed perspective.

Stephen Kreider Yoder  and Karen Kreider Yoder provide a clear illustration of how to address the challenges that emerge as retirement nears. Stephen, a former editor at the Wall Street Journal, and his wife Karen have shared their proactive steps to maintain their health and vitality.

Initial Encounters and Preventive Measures

Stephen's experience with a persistent eye issue during his travels highlights a critical aspect of retirement: the inevitability of health issues. What started as a minor blur in his vision led to an emergency room visit in Minnesota, showcasing the unpredictable nature of health in retirement. This incident served as a reminder for Las Vegas Sands personnel of the importance of vigilance and early medical consultation, a commitment the couple embraced upon retiring.

The Importance of Regular Health Patterns

Aware of age-related risks like cataracts, macular degeneration, and glaucoma, Stephen and Karen decided to undertake regular health screenings. This includes the Medicare Wellness Visit, a preventive measure that helps create personalized plans to ward off illnesses. During these visits, assessments such as cognitive tests are performed, which Stephen passed, highlighting an essential element of health monitoring for Las Vegas Sands retirees.

Lifestyle Adjustments and Risk Management

They have also focused on adapting their lifestyle to reduce health risks. For example, Stephen stopped climbing stairs and both are more cautious about multitasking while walking. These adjustments are part of broader risk-reduction rules they have set to prevent falls and other accidents, particularly relevant as physical flexibility decreases with age at Las Vegas Sands.

Nutritional Considerations and Physical Activity

Karen takes a proactive approach to preserving her health, consulting healthcare professionals, including family members who are physicians. She has been advised to focus on prevention through diet, physical activity, and mental health practices. Following longevity experts like Peter Attia, she aims to maintain a diet rich in grains, white meats, and primarily plants, alongside regular physical activities like cycling and weight training, ensuring Las Vegas Sands employees maintain a healthy lifestyle.

Psychological Well-being and Social Engagement

The mental aspect of retirement is as crucial as the physical side. Loneliness and social isolation can lead to depression and other mental health issues in older adults. Karen and Stephen are aware of this, striving to remain socially active, which is essential for emotional and psychological well-being among Las Vegas Sands colleagues.

Financial Health as Part of Overall Health

While their monthly columns lack explicit financial details, the financial aspect of retirement is inherently connected to overall health. The eye condition that Stephen encountered resulted in a significant medical bill, for which they were partially responsible. This situation highlights the importance of financial planning and the potential for unexpected expenses associated with aging for Las Vegas Sands employees.

Featured Video

Articles you may find interesting:

Loading...

In Conclusion

The Yoders' journey serves as a reflective example for many entering this life phase at Las Vegas Sands. They emphasize the importance of a holistic approach to retirement that includes health vigilance, preventive care, lifestyle adjustments, and maintaining social connections. As they navigate their later years, their experiences and insights offer valuable lessons on managing and possibly enhancing the chances of a healthy recovery.

Adopting a holistic perspective on retirement is not just about preserving health but also ensuring that life's later years are as fulfilling and enriching as possible. The proactive measures taken by the Yoders serve as a model for others, showing that while aging is inevitable, deterioration is not an absolute outcome if appropriate steps are taken.

A recent study by the  American Heart Association (2021)  underscores the importance of maintaining cardiovascular health in retirement. According to the study, individuals over 60 can significantly reduce their risk of cardiovascular diseases by engaging in moderate aerobic activities like brisk walking for at least 150 minutes per week. This routine not only improves heart health but also strengthens physical and mental well-being, essential components for a fulfilling retirement for Las Vegas Sands retirees. Incorporating regular cardiovascular activity is a proactive initiative to extend vitality and reduce health expenses in the coming years.

What is the 401(k) plan offered by Las Vegas Sands?

The 401(k) plan at Las Vegas Sands is a retirement savings plan that allows employees to save a portion of their salary on a pre-tax or post-tax basis.

How can I enroll in the Las Vegas Sands 401(k) plan?

Employees can enroll in the Las Vegas Sands 401(k) plan by completing the enrollment form available through the HR department or the company’s benefits portal.

What is the employer match for the Las Vegas Sands 401(k) plan?

Las Vegas Sands offers a competitive employer match for contributions made to the 401(k) plan, typically matching a percentage of employee contributions up to a certain limit.

Can I change my contribution rate to the Las Vegas Sands 401(k) plan?

Yes, employees can change their contribution rate to the Las Vegas Sands 401(k) plan at any time by accessing their account online or contacting HR.

What investment options are available in the Las Vegas Sands 401(k) plan?

The Las Vegas Sands 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to suit different risk tolerances.

Is there a vesting schedule for the employer match in the Las Vegas Sands 401(k) plan?

Yes, Las Vegas Sands has a vesting schedule for the employer match, which means employees must work for the company for a certain period before they fully own the matched funds.

How can I access my Las Vegas Sands 401(k) account?

Employees can access their Las Vegas Sands 401(k) account online through the designated benefits portal or by contacting the plan administrator.

What happens to my Las Vegas Sands 401(k) if I leave the company?

If you leave Las Vegas Sands, you have several options for your 401(k), including cashing out, rolling it over to another retirement account, or leaving it in the Las Vegas Sands plan if eligible.

Are there any fees associated with the Las Vegas Sands 401(k) plan?

Yes, there may be administrative fees and investment-related fees associated with the Las Vegas Sands 401(k) plan, which are disclosed in the plan documents.

Can I take a loan from my Las Vegas Sands 401(k) plan?

Yes, employees may be able to take a loan from their Las Vegas Sands 401(k) plan, subject to the plan's specific rules and limits.

New call-to-action

Additional Articles

Check Out Articles for Las Vegas Sands employees

Loading...

For more information you can reach the plan administrator for Las Vegas Sands at , ; or by calling them at .

*Please see disclaimer for more information

Relevant Articles

Check Out Articles for Las Vegas Sands employees