Access to Money-Saving Benefits for Those 60 and Older

It's no secret many Americans are facing tough economic times and perhaps no segment more so than those aged 60 and older who are living on reduced or fixed incomes. The National Council on Aging and the National Association of Area Agencies on Aging wants to help connect those individuals with services to help reduce the costs for prescriptions, utilities, food and health care.
Aid Funds Available in the Billions of Dollars
A news release provided by the NCOA and n4a reveals there are assistance funds of more than $20 billion available to the millions of baby boomers and their seniors who qualify for assistance to reduce or eliminate the cost of necessities such as heat, electricity and basic phone service, plus items and services related to health. Brandy Bauer, spokeswoman for the NCOA, told Reuters that $6.8 billion in benefits remains unclaimed by Medicare recipients who qualify for Medicare Part D Extra Help but have not ever filed for this benefit.
Ready Access to Benefits Programs for Seniors
The National Council on Aging and the National Association of Area Agencies on Aging have combined their efforts to bring potential benefit recipients and benefit programs together in the You Gave, Now Save program. The intent of the program, as described by Reuters, is to aid the income-eligible of the 57 million Americans who are 60 years old and older, to learn about what benefits are available and provide the information needed to make application. The program provides information for a variety of benefit programs ranging from food assistance to transportation resources to heating and cooling assistance.
Other Resources for Seniors and Their Families
The You Gave, You Save program is provided in addition to the Eldercare Locator program that puts people in touch with resources in their communities and helps long-distance family members learn what is available in their loved one's community. Another program is the Benefits CheckUp program, a program that touts itself as aiding more than 3 million people accessing benefits worth more than $11 billion in the 10 years it has been in existence.
It can be hoped that by getting the information to the people who need it, they will be able to improve their quality of life by being able to afford food and prescription medication. No more having to make choices between the two.
Smack dab in the middle of the baby boomer generation, L.L. Woodard is a proud resident of "The Red Man" state. With what he hopes is an everyman's view of life's concerns both in his state and throughout the nation, Woodard presents facts and opinions based on common-sense solutions.

Read More..

Healthy Hollywood: Get Movin' Monday - A Toning Must For 50-Plus Women!

Who says everything goes south after 50? Just look at the rock-solid bodies of Madonna, Christie Brinkley, and Sharon Stone and you know mature women can be and are hotter than ever.
The celebrity magnet, Physique 57, (a favorite toning regimen of Kelly Ripa & Sofia Vergara) has put together a new class/workout for women over 50. "Our 'Fit for Life' classes are small group training sessions (limited to 10 participants) that we developed to meet the specific needs of women fifty and over. These one-hour classes are done twice a week over a four-week period, combine low impact strength training exercises, light cardio, and stretches that are designed to create strong, lean, supple, muscles leaving participants feeling more energized, confident, and youthful," Physique 57 co-founder, Tanya Becker.
Once the ladies finish the four-week session, they'll be up to speed and ready to join the other classes. It's important that older women are extra careful and do the exercises with the proper form since they are more prone to injuries, says Tanya, "Exercises should be modified appropriately, however, you still want to challenge your muscles otherwise you won't achieve your desired results. Physique 57's exercises are non-jarring on the joints (no jumping or pounding), which is also very important to avoid any injuries while still getting a great workout."
Tanya helped create the groundbreaking workout that combines interval training with toning exercises. For now, Physique 57 studios are only in New York and LA, but the training center just released a book, "The Physique 57 Solution: Lose Up To 10 Inches Fast" and there are workout DVDs, so women everyone can learn this celebrity-endorsed secret to a long and lean body.
Physique 57 shares with Healthy Hollywood 4 good reasons to exercise - especially as you age!
1. As we age, our metabolic rate slows down which can lead to extra body fat.
The more lean muscle you have, the more calories you'll burn all day long. Also, the less weight you have to carry on your body, the less stress there will be on your joints- not to mention how fabulous you'll look and feel!
2. Decrease your risk of osteoporosis and loss of bone density.
Keeping your muscles toned and strong will keep your bones strong. You'll be able to stand taller and exude confidence and grace.
3. Reduce your risk of injuries.
Whether you enjoy playing golf, tennis, or just want to stay active for many years, you want a youthful supple body to enjoy life.
4. Keep a good attitude.

Read More..

Should Seniors Live Alone or With Family?

Put Grandma in the garage? Yes. But a garage transformed into a well-appointed studio apartment with skylights and a patio for morning coffee.
Home remodeling for those who can afford it is one answer to a growing issue: How do you take care of family members in their late-retirement and twilight years? And then, a tougher question: When a home solution won't work, what assisted-living or nursing home options are available?
[See The Best Places to Retire in 2012.]
Growth of multigenerational households (mostly grandparents, parents, and minor children, but also other extended-family relationships) accelerated during the economic downturn. Some families shared quarters because the unemployment rate (a 30-year high) forced some out-of-work adult children to move back home. Sometimes it was the senior generation that needed a housing solution because they were no longer able to physically or financially go it alone.
The rate of this change is worth noting. In 2008, 6.2 million intergenerational households resided in the United States. That's 5.3 percent of all households. That number jumped to 7.1 million households, or 6.1 percent, by 2010. The two-year increase marked a faster rate of growth than the previous eight years combined, according to AARP's Public Policy Institute.
Even if the economy improves, it's a trend that looks to stick as families address graying baby boomers who may be facing an underfunded retirement, according to aging and financial professionals.
In the best and worst of times, the benefit of companionship and shared household duties, such as childcare, can't be dismissed. For some families, living together is not a solution to a problem but an exercise in bonding. There are also different cultural interpretations of the social value of multigenerational households. But for many families, finances are certainly a factor in their decision to merge under one roof.
Kevin Young, a certified financial planner with Young Wealth Management in Davis, Calif., sees an increasing number of "sandwich generation" clients in his tax practice. "They're taking care of aging parents and children at the same time, sometimes working multiple jobs to accomplish that," he says.
[See How to Avoid Being a Financial Burden on Your Children.]
Young says some boomers and their parents are still playing retirement savings catch-up as corporate America (and the public sector too, in some cases) shifts from defined benefits such as pensions to market-reliant 401(k)s and other individual retirement accounts (IRAs). Others just dropped the ball and didn't save enough.
Options. George Yedinak, editor and publisher of trade newsletter and blog Senior Housing News, sees an industry boom coming to meet the needs of multigenerational and senior housing. This includes concepts such as Greenhouse Project (modest stand-alone homes that include high levels of healthcare), senior villages, co-housing (unrelated seniors sharing space to reduce costs), in-law apartments, and other communal living solutions.
Yedinak notes that regulation of these housing models isn't currently as comprehensive as regulation nursing homes and other traditional care facilities. Regulation catch-up could bring a mixed impact--more scrutiny of care but also reduced incentive for industry growth.
As for home modifications, those are on the rise, too. "Those living in single-family homes will invest capital in their homes as more parents move in with their adult children. Using home office spaces, basements, attics and other existing solutions will make way for more formal renovations including the 'grannie apartment' as either an add-on or standalone," he blogs. "Unlike additions for bathrooms or kitchens, the resale value of 'grannie' renovation should be discounted greatly. Others may opt for pre-fab cottages or PODs as solutions that can be moved, stored, or re-sold when a senior needs to move to a more comprehensive care community."
The longevity conundrum. Healthcare presents a mixed picture for boomers; active lifestyles and treatment developments are helping stave off some disease, but longer living also raises the odds of multiple serious conditions in advanced years and the need for body maintenance, such as joint replacement.
Some households are able to accommodate parents with physical issues and the care industry is responding with more flexibility, often traveling to see patients. But eventually, no matter how welcoming younger generations are to opening their homes to the seniors, they may just not be able to handle the level of care needed.
The home versus care-facility debate welcomes a whole new round of cost concerns. According to Genworth Financial's 2011 Cost of Care Survey, while the cost to receive care in an assisted living facility or nursing home increased over the past year, the cost to receive care in the home, Americans' preferred long-term care setting, remained unchanged. Nationally, the median annual cost of long-term care in an assisted living facility is $39,135, an increase of 2.4 percent from 2010. The comparable cost for a private nursing home room rose 3.4 percent, to $77,745. At $18 per hour for homemaker services and $19 an hour for home-health aide services, the median hourly cost to receive care in the home remained flat over the past 12 months.
[See Should You Buy Long-Term Care Insurance?]
Aging consultancy Age Wave says some older Americans cling too much to the notion of independence in their own home and don't fully weigh the costs and benefits of retirement facilities.
Based on a study, the group offers a list of five myth-busters that may help families make these tough decisions:
-- My current home will be the best place to live in retirement. Many retirees believe remaining in their house gives them the most freedom and independence. But the reality is that by staying at home, they spend twice as much time doing housework and shopping as someone in a retirement center.
-- My current home is the best option to lead an active life and stay connected. Among those over 80, nearly half report suffering from loneliness--twice the rate of younger adults. Depression, alcohol abuse, and obesity can follow.
-- Home is less expensive. Among homeowners older than 65, 84 percent have paid off the mortgage. Still, a house is expensive. Taxes, utilities, upkeep, and insurance really add up.
-- It would be easy to get any care I might need at home. This may be true. But home-health care can further isolate anyone unable to get out. It is also expensive and can add to burdens on extended family.
-- Retirement centers are filled with people who are sick and dying. This may be the most off-putting myth. Today's centers are not where old people go to die. This is partly because most centers require new residents to be in good health and be able to live independently when entering the community.
Let's talk. Families are challenged to communicate their needs and desires for a housing solution. Cultural differences certainly determine the "acceptance" of multiple generations in a single household, but for the most part, the concept has moved in and out of trend in the United States. Needless to say, it's a touchy subject.
In a Metlife Mature Market Institute online survey of 2,123 Americans ages 21 to 65, conducted from June 29 to July 20, 2011, nearly half--46 percent across generations--believe children have a responsibility to provide financial support to their own parents or in-laws if they experience financial difficulty later in life. For many, this means allowing a parent to live with them if he or she is not healthy enough to live alone without caregiving (58 percent overall call this a strong or absolute responsibility), or allowing a parent to live with them if he or she is having financial trouble (50 percent). At the same time, however, many parents say they would not accept financial assistance from their children in old age.
The sad truth is that they may not have much choice. Better to discuss these issues now, when all the stakeholders can play a role in determining what "home" will look like in the future.

Read More..

The Baby Boomer Number Game

There are 75 million baby boomers who are on the verge of retirement. For the next twenty years, an average of 10,000 people each day will reach age 65, which has historically been the retirement phase of life.
Between 2000 and 2010, the number of people age 65 to 84 in the U.S. grew by 3.3 million. While 13 percent of Americans are currently age 65 or older, that proportion will jump to 18 percent by 2030. The current 40 million senior citizens will balloon to 89 million by 2050.
These numbers and their impact are awe-inspiring and a bit frightening. Baby boomers entering retirement age will dramatically change today's business and lifestyle landscape. Baby boomers may stay in the workforce longer than their parents did, both because they need the money and they're not ready to leave behind fulfilling careers. And when they finally do retire, their need for health care and assisted living could permanently alter what retirement living arrangements look like for generations to come.
Work. Americans didn't always aim to retire early. Back in 1880, 78 percent of men over age 64 were still in the workforce. In 1934, the official retirement age of 65 was introduced. And by 1990, only 30 percent of men over 64 remained in the workforce. Now the retirement age is increasing again. In today's era of economic uncertainty, many would-be retirees will need to keep working to make ends meet and be considered fortunate if they can find or hold on to jobs.
Delaying retirement will certainly improve the finances of individual baby boomers, but could also lead to intergenerational conflict. Older employees who stay on the job longer than expected could be perceived as standing in the way of younger workers who are in search of their chance to contribute to society and make a living. And senior citizens who take up positions far beneath their experience levels could compete with students and recent graduates looking for a first job.
As more seniors stay active in or re-enter the workforce, older workers will increasingly report to younger supervisors, which can also create tension if both parties don't learn to effectively communicate with one another. Without sensitivity on both sides and a willingness to work together, conflict is likely and the welfare of the company could be jeopardized.
Living arrangements. Once they leave the workforce behind, aging baby boomers will face decisions regarding their living arrangements that will impact family and friends. In the ideal situation, baby boomers will remain able to cope with the responsibilities of home ownership, take care of themselves, and live safely where they are. But they are unlikely to remain healthy enough and sufficiently independent to go it alone indefinitely.
As they continue to age, a growing percentage of baby boomers will reach the point where they cannot completely fend for themselves. At that time, moving in with family may be an option. But challenges are bound to arise when family members must adjust their lifestyle to incorporate the quirks and habits of new residents. Parents may face scrutiny in how they raise their children, with unwanted input from the grandparents. And the physical requirements involved in caring for seniors can tax the patience and finances of the rest of the family.
When boomers require more attention than can be effectively provided by family members, nursing homes and extended care facilities will need to be considered. For families already challenged due to the economy and demands of raising a family, this can be brutal. Assisted living facilities that provide hands-on personal care for those who cannot live alone, but do not require the full-time coverage provided by a nursing home, cost an average of $3,261 per month, according to a Genworth Financial survey. Nursing homes with semi-private rooms are $5,790 per month, while those with private rooms ring in at $6,390 monthly.
Baby boomers changed the world in their youth and as working adults. Their impact continues at a relentless pace and will likely change our notions about retirement as millions move into retirement age.

Read More..

How health care law affects lives of 7 Americans

 A father lost his job at a medical device company that is facing a new tax. A young woman got back on her parents' insurance and was able to get surgery for an injury that could have hobbled her. A part-time sales woman stopped putting off a colonoscopy and cancer screenings and saved nearly $3,000 because health plans now must pay for preventive care without co-pays. A business owner received a tax rebate for providing health coverage to her employees.
As the U.S. Supreme Court prepares to hear arguments on President Barack Obama's health care overhaul, The Associated Press spoke with a variety of people to hear their experiences so far with the landmark legislation, whose major provisions don't take effect until 2014. Reporters asked: How has the health care law affected your life?
Here are snapshots of seven Americans:
___
Name: Michael Esch
Home: Warwick, N.Y.
Age: 48
Occupation: Former middle manager for medical device company, now working as a hospital purchasing agent.
Insurance coverage: Paying out of his own pocket for COBRA insurance through his former company.
Esch, a father of three, lost his job in November in a layoff his employer said resulted from President Barack Obama's health care law. Medical device maker Stryker Corp. announced in November it intended to lay off 1,000 workers worldwide to save money ahead of a 2.3 percent tax on medical devices that starts in 2013.
The tax on medical devices is meant to help pay for expanding health coverage to uninsured Americans. The Obama administration argues device companies will gain in the long run as more patients become eligible to receive their products because they have insurance.
Esch was a middle manager who had worked for Stryker for six years. He helped develop a product known as the Triathlon Knee. Since the layoff, he's taken a salary cut to work as a hospital purchasing agent. He's still looking for a job with another medical device company.
He blames the medical device tax for the loss of his job, but he's grateful for the provision in the health care law that will allow his oldest child, now a college sophomore, to stay on his health insurance to age 26.
"We tend to forget that for every great idea there is a ripple effect through other sectors of a business," Esch said.
Economists say most companies should be able to pass on the bulk of the tax to customers, but the industry says it will squeeze profits and chill investment, hiring and innovation.
___
Name: Glenn Nishimura
Home: Little Rock, Ark.
Age: 62
Occupation: Consultant to nonprofit groups.
Insurance coverage: Uninsured since COBRA coverage from a previous job expired in May of 2009.
Nishimura has been uninsured for nearly three years. He lost his health coverage after he left a full-time position with benefits in 2007, thinking he could land another good job. The recession destroyed that plan.
He's been denied coverage because of high blood pressure and high blood-sugar levels. A provision in the national health care law gave his state $46 million to insure people like him who've been denied coverage because of pre-existing conditions.
But Nishimura said he can't afford the coverage. It would cost him about $6,300 a year in premiums with a $1,000 deductible, meaning he would pay the first $1,000 out of his own pocket before coverage kicks in.
He worries about suffering injuries in a car accident or falling ill before he's eligible for Medicare at age 65.
"I don't like feeling vulnerable like this," Nishimura said. "I'm completely vulnerable to some catastrophic problem."
Nationally, about 50,000 people with pre-existing conditions have signed up for the coverage available through the health care law, fewer than expected. The government has offered new options to encourage more to enroll. In another two years, he may be eligible for subsidies under the law for insurance.
___
Name: Samantha Ames
Home: Washington, D.C.
Age: 25
Occupation: Law student
Insurance coverage: Got back on parents' insurance, thanks to the health care law.
As a teenager, Ames was prone to ankle injuries playing catcher on baseball and softball teams. Last April, she tripped over her mini bulldog and badly injured her left ankle. Ultimately she needed surgery that cost her insurer $30,000.
But she considers herself lucky.
Only a few months before her accident, Ames had been able to get back on her parents' insurance, thanks to a provision of the health care law that lets young adults keep that coverage until they turn 26. Nationally an estimated 2.5 million young people have gotten insurance as a result.
Ames says it's unclear if the student health insurance she had been relying on previously would have covered her surgery. In any case, the copayments would have been steep. She would have had to postpone the operation, risking another — potentially crippling — injury.
"The fact that I was able to get on their plan is the reason I can walk today," said Ames. "Very rarely have I had something political affect me this personally."
___
Name: Sharon Whalen
Home: Springfield, Ill.
Age: 59
Occupation: Publisher of a weekly alternative newspaper
Insurance coverage: Small group plan.
As a co-owner of the Illinois Times, a weekly newspaper, Whalen wants to keep her small staff healthy. So she and her business partner provide them with health insurance and pay half the cost of premiums for their 10 employees.
Keeping that employee benefit is getting more and more expensive. The company saw a spike in premium costs after one employee's child had chronic health problems.
With costs climbing, the company switched to a managed care plan with higher copays for some services in 2009. Whalen's company also contributes less than it once did to cover the premiums of employees' family members.
The health care law brought some relief: a tax credit for small businesses that provide health coverage. The Illinois Times qualified and received a $2,700 tax credit last year.
"We see ourselves putting that money right back into the company," Whalen said.
Whalen heard about the tax credit from a health care advocacy group, not from her accountant.
"I had to practically beg them to look at this," Whalen said. "They weren't familiar with it."
The Obama administration has proposed expanding the number of businesses eligible for the credit, and simplifying the paperwork.
___
Name: Melissa Pearson
Home: Prineville, Ore.
Age: 53
Occupation: Retail sales, part time.
Insurance coverage: High-deductible plan purchased on individual market.
A few years ago, Pearson's doctor ordered her to have a routine colonoscopy. It's one of several colon cancer screening methods highly recommended for adults ages 50 to 75.
Pearson kept putting it off, in part because of the cost. Her high-deductible health insurance plan requires her to pay the first $5,600 out of her pocket each year. She knew the colonoscopy would be expensive and figured she'd be paying.
Then she learned that a provision in the health care law requires health plans to cover all costs for preventive care including colon cancer screening — with no out-of-pocket costs to the patient.
"That's what made me make the appointment," she said. She also scheduled a mammogram and cervical cancer screening, which also are covered preventive services under the law. In all, she saved nearly $3,000 in out-of-pocket costs last year because of the Affordable Care Act.
"I said to my sister, 'Thank you Obamacare," Pearson said.
The Obama administration says the Affordable Care Act provided about 54 million Americans with at least one new free preventive service last year through their private health insurance plans.
But Pearson is worried that covering preventive services will mean her insurance premiums and her taxes will go up. "It's being paid for by somebody," she reasoned. She recently talked with a student from Norway who told her about the tax levels in that country. "I'm fearful our world will turn into that."
___
Name: David Zoltan
Home: Chicago
Age: 34
Occupation: Field marketing coordinator for a public relations firm.
Insurance coverage: Federally funded health plan for people with pre-existing conditions.
Zoltan lost a job and his health insurance during the recession. His diabetes sent him to the emergency room three times when he ran out of insulin during the two years he was uninsured.
In 2010, he was one of the first to sign up in Illinois for a new health insurance program for people with pre-existing conditions. The Affordable Care Act set aside $196 million for the state of Illinois to start the program.
Zoltan now pays about $1,848 a year for that coverage. The plan has a $2,000 deductible, meaning Zoltan also pays that amount out of pocket before the coverage starts.
Zoltan has found work, but his new job doesn't include health benefits, so he'll stay on the federally funded health plan.
"As a diabetic, I never again want to be without health insurance," Zoltan said. "Anything is better than not having coverage at all."
He is watching the Supreme Court as it considers the law. The requirement that Americans buy health insurance is under constitutional scrutiny. Zoltan believes the individual mandate is needed to spread the risk among the well and the sick, and keep insurance affordable.
___
Name: Carol McKenna
Home: Pembroke Pines, Fla.
Age: 70
Occupation: Retired.
Insurance coverage: Medicare Advantage plan.
McKenna and her husband Morty have noticed that Medicare's "doughnut hole" is shrinking. The coverage gap in Medicare's prescription drug program — dubbed the "doughnut hole" — caught Morty in December last year. But once there, he received a 50 percent discount on brand-name drugs and other discounts on generic drugs thanks to Obama's health care law.
Last year, he received a $250 rebate check provided by the new law for people in the doughnut hole. Under the health care law, the gap will be gradually phased out by 2020.
Warnings about possible cuts to Medicare Advantage plans caused by the health care law haven't come true, Carol McKenna said. Their health plan still includes extra benefits such as fitness center membership.
She said she's grown weary of the political debate over the health care law.
"I've been following it somewhat. Then it got so convoluted and out of control during the elections that I stopped paying attention," McKenna said. "I don't want to hear it anymore. All they're doing is sniping at each other."
___
Alonso-Zaldivar reported from Washington.
EDITOR'S NOTE _ This is part of a weeklong package of stories previewing the Supreme Court's consideration of President Barack Obama's health care overhaul law

Read More..

HeroClix, a Fun App using Comic Book Characters, was Recently Featured on the AppWatch Segment of NewsWatch

NewsWatch, a nationwide television show, recently aired a news segment about “HeroClix”, a new app using comic book characters from popular franchises. The segment aired as part of “AppWatch”, a weekly review of the top apps in the marketplace.

Washington, DC (PRWEB) December 20, 2012
NewsWatch, a nationwide television show, recently aired a news segment about “HeroClix”, a new app using comic book characters from popular franchises. The segment aired as part of "AppWatch”, a weekly review of the top apps in the marketplace.
To get started, download the HeroClix TabApp application for free in the Apple App Store. Then unlock new comic stories and missions with each super hero figure. Unlock over 15 maps and follow along the unique storyline of each character while battling known villains. Users can challenge themselves to take out enemies at three separate difficulty levels and achieve the ultimate 3 star rating for each.
Figurines are available across multiple franchises, including Marvel Comics and DC Comics. Marvel figurines include comic book characters Wolverine, Captain America, and Iron Man. Each character has a different storyline that pops up when you place them on the screen. The marvel edition has over 30 villains and 18 different maps that users can play through.
The game has a live action, arcade style of play that is fun for anyone, ages 14+. Unlock special maps and comic scenarios with each figure. Users can take out a swarm of villains with the tap or swipe of a finger as you move on to more challenging levels. Haven’t picked up a figure yet? You can still play HeroClix TabApp by selecting the "Don’t Have A Figure" option from the main menu to play the demo.
HeroClix TabApp is currently available for iOS devices and is compatible with the iPad 2 and newer, as well as the iPad mini. If you don’t have an iPad, HeroClix plans to announce they will be creating an Android compatible version soon. To download the app and begin playing, go to HeroClixTabApp.com or visit your itunes store and search for HeroClix TabApp. The app is currently free on the iTunes Store and figurines can be purchased through the HeroClix website.
NewsWatch is a weekly 30-minute consumer oriented television show that airs on the ION Network Thursday mornings at 5:30am across the nation. NewsWatch regularly features top travel destinations, health tips, technology products, medical breakthroughs and entertainment news on the show. A recent addition to NewsWatch, AppWatch is a weekly segment that provides viewers app reviews and game reviews of the latest and hottest apps and games out on the market for iOS and Android devices. The show airs in 180 markets nationwide as well as all of the top 20 broadcast markets in the country, and is the preferred choice for Satellite Media Tour and Video News Release Distribution.

Read More..

Hands-Free Lighting Device Designed by ASF Lightware Solutions Now Offered by Rehabmart.com

It is an LED light that is worn around the neck and offers a wider and brighter light than a typical clip-on book light. The hands-free design is perfect for wheelchair or walker users, and helps to keep hands free for tasks like quilting, knitting, changing diapers and other various forms of work and hobbies.

Elberton, GA (PRWEB) December 20, 2012
Rehabmart.com, an online e-commerce company that sells rehabilitation and medical supplies, has joined into a distribution partnership with ASF Lightware Solutions to offer their hands-free Beam N Read® Lights to a wider consumer marketplace. Headquartered in Merrick, New York, ASF Lightware Solutions was founded by inventor Arthur Friedman who has been awarded 18 patents for his inventions and designs, including the Beam N Read® light. Friedman himself needed a better portable light solution and was disappointed with the available market choices, so he created his own. Both Friedman and his company's co-founder and CKO (Chief Knitting Officer), wife Cynthia Freeman, use the Beam N Read® light in their daily lives.
The Beam N Read® Hands Free Lights are specifically designed for personal light wherever the user might need it, that won't disturb others in the same vicinity. It is an LED light that is worn around the neck and offers a wider and brighter light than a typical clip-on book light. The hands-free design is perfect for wheelchair or walker users, and helps to keep hands free for tasks like quilting, knitting, changing diapers and other various forms of work and hobbies. It is very compatible with books, newspapers, magazines, eReaders and as a Kindle reading light. The range of uses for the Beam N Read® is practically limitless and include utilization for reading, needlework, fine detail artwork and hobbies, camping, travel, emergencies and to help senior citizens with age-related disabilities and adults and children with special needs. The extra long battery life provides useful emergency light during a power outage as well.
Accessories to customize the Beam N Read® vary by model and include night vision filters that help to prevent night blindness and reduce the risk of eyestrain. Recommended for anyone who works in the dark, the Beam N Read® Hands-Free Night Vision Light is perfect for campers and hunters, and for healthcare professionals or caregivers who need to administer to a patient in the dark. “We are proud to introduce these amazing Hands-Free Beam N Read® Lights from ASF Lightware Solutions to more consumers,” said Hulet Smith, OTR/L, MBA and CEO of Rehabmart. “This personal light offers unsurpassed quality, functionality and versatility, enhancing sight for all users. Use it for reading, writing, drawing, painting, all forms of needlework and sewing, crafts and hobbies, traveling and camping, night work, emergencies, and just for seeing a whole lot better whenever and wherever you need to! Testimonials abound for this helpful device and we are so pleased to be able to offer this simple, but profound life enhancement to our customers at Rehabmart.com.”
About Rehabmart.com:
As an Occupational Therapist, the founder of Rehabmart, Hulet Smith, has the breadth of knowledge and experience necessary to match the needs of his customers with the very latest innovative products in the field of medical supplies and rehabilitation equipment. As a parent of special needs children, he has a personal interest in finding the best products to improve the lives of those who are disabled and medically challenged. Rehabmart.com is committed to provide superior customer service, competitive pricing and exceptional product offerings.

Read More..

Appconomy Announces Launch of its Jinjin Marketplace in China; Completes Series A Round for $16 Million Total

Appconomy, Inc., developer of the Appconomy Commerce Cloud platform and mobile apps, announced today the launch of its JinjinTM mobile marketplace in China.

Shanghai, China (PRWEB) December 20, 2012
The Jinjin marketplace launched in two of China’s most strategic markets, Beijing and Shanghai, the nation’s capital and the country’s largest city, respectively. Appconomy also announced that it had raised an additional $6 million in venture financing to complete its Series A round, for a final total of more than $16 million, to continue the rapid introduction of the Jinjin marketplace app and its mobile solutions across China’s retail industry.
The Jinjin marketplace features dozens of popular Chinese and global retail brands, with hundreds of locations in Beijing and Shanghai. Merchants include popular food & beverage chains Golden Phoenix Bakeries, Burger King, Pepper Lunch, among many others, as well as a variety of high-end health, beauty, and other goods & services merchants. For consumers, the Jinjin marketplace offers a ground-breaking mobile loyalty and rewards program in China. It is available immediately from the Jinjin website (http://www.jinjinapp.com) and popular Chinese Android app stores, e.g., HiAPK, Wandoujia, and Gfan, and will be available within days in iTunes for iOS users.
“We strongly believe that the launch of the Jinjin marketplace represents a unique milestone in the reinvention of the retail and dining experience for Chinese consumers and merchants,” said Brian Magierski, President and CEO of Appconomy. “Following our announcement early last month of the Jinjin Retail Solution at the China Retail Industry Convention, which we’ve begun the process of piloting for large retailers, Appconomy now offers the only comprehensive, mobile solution, serving both big and small box retailers. Through our Jinjin marketplace, commerce platform, and mobile apps, we enable retailers, in both their physical and online stores, with capabilities like smart shopping list management, in-store geo-fencing technology for precise product location, customizable notifications, discounts, rewards, and loyalty programs.”
“With the launch of the Jinjin marketplace, we are excited to accelerate our market penetration with multiple Chinese national and global brands, in multiple markets,” said Steve Papermaster, Chairman of Appconomy’s Board of Directors. “As we prepare for a next major phase of growth and related financing activity, we are pleased with both the strong interest by current investors to complete our Series A by exercising their rights and the new investors that are participating in the Appconomy opportunity to create value by joining in the round.

Read More..

JelliJar – New Online Specialty Food Marketplace in Beta Release

JelliJar is pleased to announce that its online food marketplace is accessible to select food producers and customers. The full site will launch in the first week of January 2013.

Toronto, Ontario (PRWEB) December 20, 2012
JelliJar is pleased to announce that its online food marketplace is accessible to select food producers and customers. The full site will launch in the first week of January 2013.
JelliJar is a marketplace where all types of food products can be discovered and purchased. The marketplace allows small producers that make products in small batches or have dedicated production facilities to be discovered by consumers with discerning tastes.
Small Food Producers, Chefs, Restaurants and Specialty Food Retailers can:

1. List their products, story, recipes, photos, videos, and contact details;

2. List retail locations where their products are sold (Shop Local);

3. Enable ecommerce transactions through PayPal;

4. Have customers subscribe to products;

5. Participate in Tasting Box subscriptions; and

6. Social Media Integration with Facebook, Pinterest, Twitter.
To learn more about JelliJar, please visit: http://www.jellijar.com
About JelliJar:
JelliJar is an online marketplace dedicated to providing food lovers with the ability to discover food that caters to their taste preferences. Its focus is on providing users with the ability to make informed choices when shopping for food for in the following categories: Gourmet and Artisan, Specialty Diets and International Cuisines.
Consumers will be provided with many resources to discover hidden treasures from the following types of producers: Small Food Producers, Independent Restaurants, Chefs and Independent Retailers.

Read More..

The sale of the NYSE and the death of stocks

T

o the general public, it's quite a "shocker," says David Weidner at MarketWatch. IntercontinentalExchange (ICE), an upstart derivatives exchange, based in Atlanta, is buying NYSE Euronext, the company that owns the iconic, 220-year-old New York Stock Exchange, in a deal worth more than $8 billion. To long-time market professionals, however, this merger merely confirms something they've known for quite some time. They've been witnessing the slow death of stocks — as the lord of the marketplace — for years, as new regulations and decimalization of trades once done using rounder fractions "effectively squeezed the margins — and the potential for graft — out of the system." Initial public offerings offered healthy profits, but even those have dried up recently, leaving the NYSE and other exchanges "searching the globe for a merger partner," hoping they could buy their way to growth. But the lucrative futures and options exchanges that seemed like natural buyers of the stock exchanges turned up their noses, asking, "Why would we need them?"

There was an exception. The newcomer to the derivatives party, the IntercontinentalExchange (ICE) needed something to vault it into the conversation — even though it not only had profits, but market share and a valuation to rival any exchange in the world.

For all of its lackluster financial cosmetics, the NYSE is still the Big Board. It is the venue where the great corporations of the world are listed. The announced deal will have some opportunities for technology sharing and other efficiencies, but mostly its an $8.2 billion deal for a brand.

As if that weren't already humiliating enough for the Big Board, says Felix Salmon at Reuters, "stock trading is a complete afterthought in this deal" for ICE. "The real reason that ICE wants the company is Liffe, NYSE Euronext's London-based financial derivatives subsidiary." Derivatives exchanges, you see, are few. They compete only with each other, so they make money hand over fist. "There are lots of stock exchanges," so they compete fiercely with each other, "and none of them make much money."

You can almost hear ICE CEO Jeffrey Sprecher rolling his eyes and wondering why on earth he needs to hang on to what at this point is little more than a heavily-guarded tourist attraction... [But] it's actually a good thing that stock trading has become a low-margin, low-value business: that's what's meant to happen when you have lots of competition. Think of it as one of the few areas of the financial-services sector where capitalism works as advertised. 

This deal, once unthinkable, really does underscore "what a dog the stock trading business has become," say Zachary M. Seward and Matt Phillips at Quartz. There's just no denying it. But if all this gloom is driving down the value of stocks in everybody's eyes, maybe equities markets will soon be so undervalued that they'll bounce back.

If we were contrarians, all of this Death of Equities talk — reminiscent of the 1979 Businessweek cover that nearly nailed the bottom of the markets before surges of the 1980s and 1990s — might get us a little more interested in the markets.

Read More..