Succession Planning – Protecting the Family Business

Family-Business88% of current family business owners believe the same family or families will control their business in five years, but succession statistics undermine this belief. Only about 30% of family and businesses survive into the second generation, 12% are still viable into the third generation, and only about 3% of all family businesses operate into the fourth generation or beyond. The statistics reveal a disconnect between the optimistic belief of today’s family business owners and the reality of the massive failure of family companies to survive through the generations. Research indicates that family business failures can essentially be traced to one factor: an unfortunate lack of family business succession planning.

via Succession Planning.

Why Get an Annual Physical?

Dr. David RiceEven though you may be feeling healthy, it’s important to get regular physical exams to help ensure that you stay that way.

The U.S. National Library of Medicine says regular physicals will allow your doctor to:

  • Check regularly for signs of disease. Early detection often helps improve the chances of recovery.
  • Determine your risk of future health problems, and possibly, to prevent them.
  • Talk with you about your lifestyle, and to recommend changes.
  • Give you any needed vaccinations.
  • Get to know your history, in the event that you become seriously ill.

via Health Tip: Why Get an Annual Physical? – Drugs.com MedNews.

2013 – the year of disease prevention and health promotion!

health-promotion-industryThe New Year holds much promise for Total Worker Health™. In fact, 2013 may well become the year of disease prevention and health promotion! This abundance of opportunity can be credited to the Affordable Care Act and its provisions related to wellness programs.

The provision that focuses on employer wellness programs has the most potential to directly affect the Total Worker Health™ community. This proposed rule will expand the ability of employers to reward workers who achieve health improvement goals. Beginning in 2014, the health care law will allow employers to increase incentives for participation in programs that require an employee to achieve an agreed-upon wellness goal (health-contingent wellness programs). Specifically, employers will be able to increase incentives from the currently allowable 20% to as much as 30% of an employee’s insurance costs, and in some cases as much as 50%. Examples of health-contingent wellness programs include: programs that provide a reward to those who do not use, or decrease their use of, tobacco; programs that provide a reward to those who achieve a specified cholesterol level or weight. To protect employees from unfair practices, the proposed regulations will require health-contingent wellness programs to follow rules designed for employees who need wellness-related accommodations. Employers may continue to support “participatory wellness programs” which generally are available without regard to an individual’s health status. These include, for example, programs that reimburse for the cost of membership in a fitness center; that provide a reward to employees for attending a monthly, no-cost health education seminar; or that provides a reward to employees who complete a health risk assessment without requiring them to take further action.

via CDC – NIOSH – Total Worker Health™ in Action – January 2013.

Leading Cause of Emphysema is Smoking

EmphysemaEmphysema occurs when the air sacs in your lungs are gradually destroyed, making you progressively more short of breath. Emphysema is one of several diseases known collectively as chronic obstructive pulmonary disease (COPD). Smoking is the leading cause of emphysema.

As it worsens, emphysema turns the spherical air sacs — clustered like bunches of grapes — into large, irregular pockets with gaping holes in their inner walls. This reduces the surface area of the lungs and, in turn, the amount of oxygen that reaches your bloodstream.

Emphysema also slowly destroys the elastic fibers that hold open the small airways leading to the air sacs. This allows these airways to collapse when you breathe out, so the air in your lungs can’t escape. Treatment may slow the progression of emphysema, but it can’t reverse the damage.

via Emphysema – MayoClinic.com.

Human Capital Importance in an Organization

human-capital-211Capital is defined as resource or the input into a business. Human capital can therefore be defined as an input in employees, the ability to perform a task with the aim of producing economic value.  Human skills are needed to implement a business idea. Hence human capital importance is non-ignorable in a business. The ability to perform a task is gained by an individual through learning and experience.

via Human Capital Importance in an Organization.

What are the Symptoms of High Blood Pressure?

????????????????????????????????????????There’s a common misconception that people with high blood pressure, also called hypertension, will experience symptoms such as nervousness, sweating, difficulty sleeping or facial flushing. The truth is that HBP is largely a symptomless condition. If you ignore your blood pressure because you think symptoms will alert you to the problem, you are taking a dangerous chance with your life. Everybody needs to know their blood pressure numbers, and everyone needs to prevent high blood pressure from developing.

via What are the Symptoms of High Blood Pressure?.

The Employer’s Affordable Care Act – Your Pre-Game Warm-Up for “Pay or Play”

accountantFor many “large” employers, determining whether to “pay or play” may not be an easy process.  The ACA’s employer shared responsibility provision goes into effect in 2014, making advance preparation even more important if you have part-time, seasonal or “variable hour” employees.  Since you are only required to either potentially pay (a penalty for) or play (offer coverage to) those individuals who are considered your full-time employees, your ability to substantiate  whether an employee is or is not “full-time” will be critical to successfully navigating the “pay or play” provisions of the ACA.

via The Employer’s Affordable Care Act (ACA) Compliance Playbook: Your Pre-Game Warm-Up for “Pay or Play” | Thorp Reed & Armstrong.

What Is Heart Disease?

Bring up heart disease, and most people think of a heart attack. But there are many conditions that can undermine the heart’s ability to do its job. These include coronary artery disease, cardiomyopathy, arrhythmia, and heart failure. Keep reading to find out what these disorders do to the body and how to recognize the warning signs.

via Heart Disease Pictures Slideshow: A Visual Guide to Heart Disease on MedicineNet.com.

Protecting Your Eyes at Work

Protect-Your-Eyes2Eye injuries in the workplace are very common. The National Institute for Occupational Safety and Health (NIOSH) reports about 2,000 U.S. workers sustain job-related eye injuries that require medical treatment each day. However, safety experts and eye doctors believe the right eye protection could have lessened the severity or even prevented 90% of these eye injuries.

via Protecting Your Eyes at Work | American Optometric Association.