Many employers offer Health Reimbursement Savings Accounts (HRA).  These are a type of employer funded account that reimburses employees for certain medical expenses. What may not always be clear; however, are the appropriate IRS reporting measures to ensure compliance, especially for companies that use a “wrap plan” document. Click here to learn more from Spire Group PC.

"Stalled Progress on the Path to Value-Based Care" is the third annual study from Quest Diagnostics to gauge perceptions of physicians and health plan executives about the nation's journey to value-based healthcare, which focuses on care quality and patient outcomes rather than the quantity of services delivered. 

The study analyzes results from a survey of 451 primary care physicians and health plan executives collected earlier this year. It also reveals changes in perceptions over the past two years.  According to the study, there is more work to be done to align physicians and health plan executives.  62% of health plan executives said progress has been made over the past year, but only 41% of physicians agreed.  The study also suggests physicians need better tools, data access and less complex quality measures to spur adoption.

Click here for more.

Ever wonder how large sporting events like the World Cup or the Olympics affect a country’s economy? Timothy Speiss, a leader in EisnerAmper’s Personal Wealth Advisors Group and its Wealth Planning LLC, dives head first into this topic using the 2018 World Cup, the 2016 Summer Olympics and the 2014 World Cup as examples. While there are clearly many economic benefits to hosting such events, there are often just as many drawbacks. Click here to read more.

Three attorneys from Genova Burns LLC’s labor law practice group explain the Supreme Court’s recent decision to eliminate mandatory public-sector union agency fees. The ruling, known as Janus v. American Federation of State, County, and Municipal Employees, challenged the constitutionality of the requirement that employees in Illinois pay union agency fees even if they were not in the union themselves. Click here  to read more about the history of this case and how it affects New Jersey’s public employers.

The American Cancer Society, is on a #mission to free the world from cancer. Until we do, we'll be funding and conducting research, sharing expert information, supporting patients, and spreading the word about prevention. 
​
Here are some highlights of YOUR MAKING STRIDES dollars at work in the state of New Jersey: 
​
Research: As of February 1, 2018, there are $3.2 million dollars in active research grants throughout the state. 47 American Cancer Society funded researchers have gone on to win the Nobel Prize. 

Emotional Support: For more than 45 years, the American Cancer Society Reach to Recovery program has been helping people cope with their breast cancer experience. We proudly supported 252 patients through their journey. 

Lodging: Our Hotel Partners Program provided 119 patients with 1,107 nights at our home away from home, for free or reduced cost.
 
Transportation: Our Road to Recovery program provides transportation to and from treatment for people with cancer who do not have a ride or are unable to drive themselves. We proudly provided 264 patients with 2,865 rides in the state. To learn more, including how to become a volunteer driver, please click here. 

Join us at our Making Strides of Newark Kickoff on Thursday, August 16, 2018 at 7 am. To learn more about Making Strides Against Breast Cancer, RSVP here. Help us continue providing research funding, support and access to care. For our 2017 Stewardship Report, which includes impact numbers across the country, please click here.  

There is a paradigm shift occurring in the world of online sports entertainment and it’s brought a promising set of opportunities to the table. Consumers, investors, software engineers and more will want to take note of current industry trends and projections for the future.

Click here to learn more from EisnerAmper LLP. 

As of October 29, 2018 all New Jersey employers will be required to provide their employees with 40hrs of paid sick leave, making it one of the more "expansive sick leave policies in the country".  Click here to learn more from Amy Komoroski Wiwi, Partner in the Employee Counseling & Litigation Practice Group at Lowenstein Sandler.

Jaime Reichardt, Chair of the Sills Cummis & Gross State and Local Tax Practice, offers a detailed look at recent changes in the NJ state tax code. These changes affect tax amnesty, gross income tax, corporation business tax and sales tax. His article is a particularly interesting and relevant read if you are a business owner or accountant.

​Click here to learn more.

Langan Engineering's Landscaping practice is diving headfirst into rooftop placemaking. Click here to learn more about how developing rooftop spaces promotes more creativity in the design process and fosters more opportunities for collaboration. 

Companies across the country are realizing the value of investing strongly in the communities that they call home. Prudential, a national insurance company founded in Newark, is a leader in this area. Not only do they invest in Newark via grant funding resources, they also invest in Newark through strategic partnerships with anchor institutions.

Lata N. Reddy, Senior VP of Diversity, Inclusion & Impact, recently noted that doing CSR (corporate social responsibility) work is not about how a company spends its money, it is about how it earns that money. One powerful strategic decision that the company made was choosing to stay in Newark. They also follow a "three pronged" approach by making an effort to hire, buy and and live local whenever possible. Click here to read more.