March Voice 2016

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CHAMBER WELCOMES FMA AS SPONSOR OF MFG NEWS PAGE 7

100 YEARS OF CHANGING LIVES PAGE 17 The Voice is online at rockfordchamber.com

March 2016 | Volume 29 | No. 3

ROCKFORD CHAMBER’S

Leadership Luncheon Procrastination a hot topic at We all procrastinate. But we don’t have to. That was the message delivered by keynote speaker James Clear at the Rockford Chamber of Commerce’s monthly Business Luncheon Series, Feb. 25, at Giovanni’s. Clear writes about behavioral psychology and how to build habits that stick. His website, JamesClear.com, is read by more than 500,000 people each month and more than 225,000 people subscribe to his weekly email newsletter. His writing has been featured in many publications, including Time, Entrepreneur Magazine, and Business Insider.

PHOTOS BY BRIAN THOMAS PHOTOGRAPHY

business luncheon series

(Above) Attendees of the Rockford Chamber’s monthly Business Luncheon Series, Feb. 25, at Giovanni’s learn daily habits to significantly increase their productivity. (Left) James Clear presents his keynote about procrastination. “Most of the problems we face are behavioral,” he said. “We live in a time when we have more resources and access to information than ever before. But people are looking for ways to act more consistently and follow through. We have the ability to get the job done, but we just aren’t executing. “Procrastination is a huge problem,” he added. “Everyone procrastinates in some form. It’s a given that it’s happening frequently. The question is why? There are a lot of stimuli in our lives that we don’t realize are dictating our behavior.

Take emails, for example. Most people realize that when you answer an email you can’t be doing something else, but we don’t always realize it delays your ability to get back into the next task.” Einar Forsman can relate. “There are days I’m totally driven by email,” said the president and CEO of the Rockford Chamber of Commerce. “There are things I know are a priority, but I’m working on 4 or 5 things at one time. I say I’m busy and swamped, but there’s probably a better way of doing it. James Continued on page 11

UNDERSTANDING THE SMALL BUSINESS HEALTH CARE TAX CREDIT The Affordable Care Act includes the small business health care tax credit, which can benefit small employers who provide health coverage for their employees. It benefits employers who: ■ have fewer than 25 full-time equivalent employees. ■ pay an average wage of less than $51,600 a year. ■ pay at least half of employee health insurance premiums. The credit percentage is 50 percent of employer-paid premiums. For tax-exempt employers, the percentage is 35 percent. Small employers may claim the credit for only two consecutive taxable years, beginning in tax year 2014. For 2015, the credit is phased out, beginning when average wages equal $25,800 and is fully phased out when average wages exceed $51,600. The average wage phase out is adjusted annually for inflation. Generally, employers are required to purchase a Qualified Health Plan from a Small Business Health Options Program Marketplace. Visit IRS.gov/aca.

MARK YOUR CALENDAR!

PREVENTING CYBER FRAUD

March 24 • Radisson Hotel & Conference Center For more info, see page 31 SPONSORED BY

TRUE COST OF SMOKING

What’s new in health care? Area milestones, technologies, expansions

Visit us online at: rockfordchamber.com ■ online registration ■ keynote speaker video clips ■ event photos ■ list of Chamber events Questions? 815-987-8100

Join the Chamber’s LinkedIn Group

By Barbara Connors

Rockford is the regional center for health care for a wide area, and its providers offer services to residents in multiple counties. These services are evolving and expanding rapidly with building expansions, new facilities, new programs, new technologies and new milestones. Just recently, area practitioners are offering outpatient knee replacements. Research is underway for the use of

biomaterials, rather than metal, for joint replacements, and a new technique being researched to diagnose dementia at earlier stages. New approaches are being used for treating chronic pain, and a career path being forged for Native American practitioners. Here are some of the most recent achievements in the area. Continued on page 12

Smoking can ruin not only your health, but burn a nasty hole through your wallet, according to wallethub.com. Tobacco use accounts for nearly half a million premature deaths in the United States each year, according to the American Lung Association. Since 1964, smoking-related illnesses have claimed 20 million lives in the United States; 2.5 million of which belonged to nonsmokers who developed diseases from secondhand-smoke exposure. The economic and societal costs of smoking-related issues are just as staggering. Every year, Americans collectively spend a total of $326 billion, including nearly $170 billion in direct health-care costs and more than $156 billion in lost productivity, due to premature death and exposure to secondhand smoke.


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