NASA vs. the free market: Which is better for American space dominance?

Neil Armstrong believed NASAs slashed budgets would diminish Americas lead in space, but private industries are already taking up the baton and sprinting with it.

One of my heroes died last weekend.

Neil Armstrongs passing shook me have we really been lunar for so long? but what disturbs me even more is how negatively he and several other prominent astronauts regard private spaceflight visionaries like Elon Musk, Richard Branson and Bob Richards. While frowned upon by yesterdays heroes, these fledgling entrepreneurs hold the greatest hope for future spacefarers and moonwalkers.

After NASA suffered severe budget cuts in 2010, Armstrong voiced his opposition, casting doubt on the ability of private ventures to successfully take to the stars. In a letter that didnt receive nearly as much attention as it should have, Armstrong, along with James Lovell and Eugene Cernan Apollo 13s commander and the last man on the moon, respectively suggested that the death of the government shuttle program and the rise of privatized space flight could spell an end to U.S. dominance in the wild black yonder.

I support the encouragement of the newcomers toward their goal of lower-cost access to space, Armstrong told Congress in 2010. But having cut my teeth in rockets more than 50 years ago, I am not confident.

Are Neil and his cohorts correct? Does an increasing reliance on commercial shuttles leave the United States on a long downhill slide to mediocrity?

Actually, increasing the role of private spaceflight ventures should only enhance Americas dominance in the sky and like it or not, the NASA of the past is not the NASA of the future.

With all due respect to Armstrong, Powell and Cernan, relying on the government to propel humankind into space carries too much uncertainty. After America won the space race, enthusiasm seemed to fizzle out; Cernans final journey to the moon took place all the way back in 1972. That was a full 40 years ago. Four. Zero.

Exploring the final frontier simply isnt a high priority for politicians in a time when economic uncertainty runs rampant and unemployment rates remain floating at high levels. Thats not to say that NASA should be neglected, but its budget ebbs and flows with the public whim. NASAs funds have been (mostly) shrinking since the 1960s and currently stand at around 0.05 percent of the overall Federal budget. Taking inflation into account, the agencys 2012 budget is only half of what it was in Apollos heyday.

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NASA vs. the free market: Which is better for American space dominance?

NASA's WISE Telescope Discovers Millions of Black Holes

Living up to its name, NASA's WISE (Wide-field Infrared Survey Explorer) telescope has uncovered millions of black holes and extreme galaxies across the universe.

Recently released images from the telescope reveal millions of dusty black hole candidates, as well as about 1,000 even dustier objects, which scientists believe are among the brightest galaxies ever discovered, and which have appropriately been nicknamed "hot DOGs," or dust-obscured galaxies.

"WISE has exposed a menagerie of hidden objects," WISE program scientist Hashima Hasan said in a statement. "We've found an asteroid dancing ahead of Earth in its orbit, the coldest star-like orbs known and now, supermassive black hole galaxies hiding behind cloaks of dust."

Last year, the telescope put on its night-vision goggles to twice scan the entire sky with infrared light, capturing millions of images that allowed scientists to dig around for new discoveries.

Black holes had better watch their backs, said Daniel Stern, lead author of the WISE black hole study and member of NASA's Jet Propulsion Lab. By combining projects, the WISE telescope can find the monstrous black holes, while the Nuclear Spectroscopic Telescope Array (NuSTAR) provides a new look at their high-energy X-ray light, Stern said.

NASA launched the black-hole hunting NuSTAR in mid-June, which sported a telescope that can see the hottest, densest, most energetic objects, Fiona Harrison, NuSTAR principal investigator at the California Institute of Technology, said in June.

In one case, NASA's device helped astronomers identify about 2.5 million actively feeding supermassive black holes, reaching more than 10 billion light-years away, the space association said in a news release. Generally, dust blocks the objects' visible light, NASA said, but WISE sees their warm dust glowing in infrared light.

One of the main goals of the WISE mission was met when scientists reported finding what they believed were among the brightest galaxies ever known. Despite emitting more than 100 trillion times as much light as the sun, NASA said the DOGs are so dusty that they appear only in the longest wavelengths of infrared captured by WISE.

In this case, the galaxies' eggs may have come before the chickens, WISE project scientist at JPL Peter Eisenhardt said. The lead author of a paper on the first of the DOGs, Eisenhardt said there may be evidence to prove that the galaxies formed their black holes before most of their stars.

"We may be seeing a new, rare phase in the evolution of galaxies," JPL's Jingwen Wu said in a statement.

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NASA's WISE Telescope Discovers Millions of Black Holes

70% TStorms

A Northwest Arkansas company is in the national spotlight for its nanotechnology innovation.

NanoMech has won an Innovator of the Year Award from the NanoBusiness Commercialization Association (NanoBCA).

NanoMech is an international material science company based in Springdale.

"We are very proud of this recognition," said Jim Phillips, NanoMech Chairman and CEO. "The breakthrough technologies the NanoMech team has developed, such as nGlide, TuffTek, and TriboTuff, have led to this tremendous honor for our family of loyal employees and very supportive investors. NanoMech is focused on innovating by applying breakthrough novel science into "must-have" products bringing immediate and drastic improvement into existing major markets."

The NanoBCA is the industry's top trade organization dedicated to promoting the advancement and commercialization of nanotechnology while helping companies bring affordable, life-improving nanotech products to the market.

Mr. Vincent Caprio, the CEO of the NanoBusiness Commercialization Association said, "We are very proud to single NanoMech out of the vast field of up and coming emerging nanotechnology companies in America. NanoMech is a clear leader in converting massive brainpower and applied research to market-ready products that will disrupt huge companies overnight in the energy and manufacturing sectors, bringing immediate efficiency and performance improvements to these global industries! They are clearly a company to watch and at the top of our list."

Dr. Ajay P. Malshe, the CTO of NanoMech said, "In 2012 NanoMech commercialized two nano-engineered product platforms never achieved before. TriboTuff is a nano-inspired industrial lubricant which reduces friction (to near zero) and wear of mechanical parts by orders of magnitude allowing hundreds of percent enhancement in wear reduction in machines, vehicles, and components such as valves, gears and much more. These performance increases also produce incredible energy savings. Our second nanotechnology platform of products is TuffTek coated cutting tool inserts and wear parts made of carbides, metals and ceramics. As natural resources such as metals and ceramics are depleting nationally and globally, TuffTek radically transforms surfaces with nano engineered coating solutions, that increase the life of cutting tools and wear parts by as much as 1000% while enhancing their performance and sustainability."

NanoMech Inc. was founded in 2002 and creates advanced engineering materials through patent and patent-pending nano-inspired and nano-manufactured product development.

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NanoMech Wins 2012 Innovator of the Year Award from Leading Nanotechnology Trade Organization

SPRINGDALE, Ark.--(BUSINESS WIRE)--

NanoMech, an international material science company and leader in nanotechnology innovation, is pleased to announce that the NanoBusiness Commercialization Association (NanoBCA) has selected it for the 2012 Top Emerging Nano Innovators Award.

We are very proud of this recognition, said Jim Phillips, NanoMech Chairman and CEO. The breakthrough technologies the NanoMech team has developed, such as nGlide, TuffTek, and TriboTuff, have led to this tremendous honor for our family of loyal employees and very supportive investors. NanoMech is focused on innovating by applying breakthrough novel science into "must-have" products bringing immediate and drastic improvement into existing major markets."

The NanoBCA (www.nanobca.org) is the industrys top trade organization dedicated to promoting the advancement and commercialization of nanotechnology while helping companies bring affordable, life-improving nanotech products to the market.

Mr. Vincent Caprio, the CEO of the NanoBusiness Commercialization Association said, "We are very proud to single NanoMech out of the vast field of up and coming emerging nanotechnology companies in America. NanoMech is a clear leader in converting massive brainpower and applied research to market-ready products that will disrupt huge companies overnight in the energy and manufacturing sectors, bringing immediate efficiency and performance improvements to these global industries! They are clearly a company to watch and at the top of our list."

Dr. Ajay P. Malshe, the CTO of NanoMech said, "In 2012 NanoMech commercialized two nano-engineered product platforms never achieved before. TriboTuff is a nano-inspired industrial lubricant which reduces friction (to near zero) and wear of mechanical parts by orders of magnitude allowing hundreds of percent enhancement in wear reduction in machines, vehicles, and components such as valves, gears and much more. These performance increases also produce incredible energy savings. Our second nanotechnology platform of products is TuffTek coated cutting tool inserts and wear parts made of carbides, metals and ceramics. As natural resources such as metals and ceramics are depleting nationally and globally, TuffTek radically transforms surfaces with nano engineered coating solutions, that increase the life of cutting tools and wear parts by as much as 1000% while enhancing their performance and sustainability."

About NanoMech:

NanoMech Inc., (www.NanoMech.com), was founded in 2002 and creates advanced engineering materials through patent and patent-pending nano-inspired and nano-manufactured product development. NanoMech is a pioneer in applying breakthrough nano-engineered innovations to robust areas of national interest including machining and manufacturing, lubrication and energy, and strategic military applications. NanoMech brings ideas from innovation to implementation, commercializing nanomanufactured products at record speed in the market. NanoMech is a member of President Obamas Materials Genome Initiative, a public / private collaboration with the aim of doubling the speed and reducing the cost of discovering, developing, and deploying new advanced materials. NanoMech is also a member of the U.S. Manufacturing Competitiveness Initiative (USMCI) and the U.S. Technology Leadership and Strategy Initiative, (www.Compete.org) both based in Washington, DC.

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NanoMech Wins 2012 Innovator of the Year Award from Leading Nanotechnology Trade Organization

Company Profile for American Academy of Dental Sleep Medicine

The American Academy of Dental Sleep Medicine (AADSM) is the only non-profit national professional society dedicated exclusively to the practice of dental sleep medicine. The AADSM provides educational resources for dentists and promotes the use of oral appliance therapy for the treatment of obstructive sleep apnea and sleep-disordered breathing. Established in 1991, the AADSM has more than 2,800 member dentists worldwide. Visit http://www.aadsm.org or call the national office at (630) 737-9705 for more information.

Company:

Headquarters Address:

Main Telephone:

Website:

Type of Organization:

Industry:

Key Executives:

Specialty Society & Communications Manager: Thomas Heffron

Public Relations

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Company Profile for American Academy of Dental Sleep Medicine

Global Sports Medicine Market Trends Analyzed in New MarketsandMarkets Report Available at MarketPublishers.com

LONDON--(BUSINESS WIRE)--

The global sports medicine devices marketis expected to grow from USD3.3 billionin 2011 to reach USD5.7 billionby 2017, at a CAGR of 9.3%. Knee application still holds the largest share among others due to the high frequency of ACL injuries along with other conditions such as rheumatoid arthritis, meniscal cartilage damage, and patellar chondromalacia.

The overall sports medicine market is quite fragmented with a large number of global players, including Arthrex, ArthroCare, Smith & Nephew, Stryker, Biomet, Shock Doctor, DePuy Mitek, Linvatec ConMed, Mueller Sports, McDavid, Breg, BSN Medical, Cramer Sports and Cho-Pat Sports, among several others.

New report Sports Medicine Devices Market By Products & Application (2012 - 2017) Global Trends & Competitive Analysis worked out by MarketsandMarkets provides true and unbiased insights into the global sports medicine market, categorized by value and volume. Both of these markets are broken down into segments and sub-segments, providing exhaustive analysis for 2011 and 2012, as well as forecast up to 2017. To provide in-depth information on the global scenario, each market is comprehensively analyzed at granular level by geography North America, Europe, Asia, and RoW.

The report also details major market drivers, restraints, and opportunities. Furthermore, the competitive landscape along with elaborate profiles of 25 companies analyzed through a company overview, key financials, products and services, strategies and developments can also be found in the study.

Report Details:

Title: Sports Medicine Devices Market By Products & Application (2012 - 2017) Global Trends & Competitive Analysis Published: August, 2012 Pages: 293 Price: US$ 4,650.00 http://marketpublishers.com/report/medicine_pharmaceuticals_biotechnology/healthcare_equipment_services/sports_medicine_devices_market_by_products_application_2012_2017_global_trends_competitive_analysis.html

Report Contents:

1 INTRODUCTION

1.1 KEY TAKE-AWAYS 1.2 REPORT DESCRIPTION 1.3 MARKETS COVERED 1.4 STAKEHOLDERS 1.5 RESEARCH METHODOLOGY 1.5.1 MARKET SIZE 1.5.2 MARKET SHARE 1.5.3 KEY DATA POINTS FROM SECONDARY SOURCES 1.5.4 KEY DATA POINTS FROM PRIMARY SOURCES 1.5.5 ASSUMPTIONS

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Global Sports Medicine Market Trends Analyzed in New MarketsandMarkets Report Available at MarketPublishers.com

Passaic Sleep Medicine & Neurological Services Expands to Bergen County

RUTHERFORD, NJ--(Marketwire -08/31/12)- Malo Clinic Health & Wellness today announced their latest partner practice, Passaic Sleep Medicine & Neurological Services, led by Dr. Fawad Mian, who is board-certified in neurology, sleep medicine, and clinical neurophysiology.

Dr. Fawad Mian specializes in the assessment and treatment of neurological disorders, as well as the diagnosis and treatment of many sleep disorders. He began his burgeoning practice in 2011 where he regularly sees patients with a variety of complaints including back and neck pain, headaches, tremors, numbness/tingling, seizures, etc. Dr. Mian also subspecializes in the assessment and diagnosis of patients with sleep disorders. He will begin seeing patients with neurologic and sleep disorders on September 4TH at his new satellite office located at the MALO Clinic Health & Wellness center on route 17 North in Rutherford, New Jersey. "As one of the region's only complete preventative care centers, we look forward to working with Dr. Mian to bring awareness and treatment of neurologic and sleep disorders to Bergen County," said Joseph Testani, Chief Administrative Officer of MALO Clinic Health & Wellness.

Dr. Mian is a graduate of St. George's University School of Medicine. He went on to do his residency in neurology at New York University. He completed his fellowship in sleep medicine and clinical neurophysiology at Emory University School of Medicine in Atlanta, Georgia. Dr. Fawad Mian currently resides in Bergen County.

About MALO Clinic Health & Wellness

MALO Clinic Health & Wellness offers a unique approach to complete wellness through a comprehensive array of world-class services. It is a brand new concept in North America, and set to be the world's largest facility of its kind. Since 2010, MALO CLINIC Health & Wellness features a team of health professionals and wellness therapists delivering the highest standards of medical and dental services in a healthy and relaxing spa environment. For more information please visit malohealthandwellness.com.

About Passaic Sleep Medicine and Neurological Services

Since 2011, Passaic Sleep Medicine and Neurological Services, has been actively serving the community with advanced therapeutics in sleep medicine and neurology. Led by Dr. Fawad Mian, Passaic Sleep Medicine and Neurological Services aims to continue to bring quality care to patient suffering from debilitating neurologic and sleep disorders. For more information please visit passaicsleepneuro.com.

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Passaic Sleep Medicine & Neurological Services Expands to Bergen County

Antibody prevents hepatitis C in animal model

Public release date: 30-Aug-2012 [ | E-mail | Share ]

Contact: Joseph Carey jcarey@txbiomed.org 210-258-9437 Texas Biomedical Research Institute

A monoclonal antibody developed by MassBiologics of the University of Massachusetts Medical School (UMMS) and tested in an animal model at the Texas Biomedical Research Institute, prevents infection by the hepatitis C virus (HCV).

Researchers found that the human monoclonal antibody targeting the virus protected chimpanzees from HCV infection in a dose-dependent manner in a study conducted at Texas Biomed's Southwest National Primate Research Center. Chimpanzees are the only species other than humans that can be infected by HCV and therefore the results from this study were critical in the development of the monoclonal antibody.

The new report by scientists from MassBiologics; Texas Biomed; the National Institutes of Health (NIH); and Merck Research Laboratories, and funded by MassBiologics and NIH, appears in the August 30th issue of PLoS Pathogens. Researchers had previously demonstrated that the monoclonal antibody, called HCV1, blocks HCV from infecting liver cells in laboratory tissue culture.

"This is an important preclinical proof-of-concept study demonstrating a high dose of neutralizing antibody can protect the liver from HCV infection using monoclonal antibodies in a study that was designed to mimic the transplantation setting," said study co-author Robert E. Lanford, Ph.D., of Texas Biomed.

"One can envision improving on these results with a cocktail of antibodies or by using this antibody with some of the newer antivirals currently in clinical trials. Infection of the new donor liver by residual virus in the patient is one of the major obstacles preventing a full recovery in these patients," Lanford added.

MassBiologics has been pursuing the development of HCV1 as a therapy for patients with end-stage liver disease undergoing liver transplantation as a result of HCV infection. HCV1 is a monoclonal antibody that binds to the surface of the HCV virus and blocks the ability of the virus to enter liver cells.

HCV damages the liver and is the leading indication for liver transplantation, diagnosed in about half of the 6,000 patients who receive liver transplants each year in the United States. According to the US Centers for Disease Control and Prevention (CDC), 3.2 million Americans are chronically infected with HCV and approximately 10,000 die annually of the disease. Globally, as many as 170 million people are estimated to suffer from HCV infection. The CDC recently recommended that everyone born from 1945 to 1965 should be screened for HCV regardless of whether they have known risk factors.

For patients with end-stage liver disease from HCV infection, liver transplantation is the only option. While it can be a life-saving treatment, transplantation does not cure the disease. In nearly all cases, the patient's new liver is eventually infected by HCV because the virus remains in the patient's bloodstream during surgery. The course of recurrent HCV disease is accelerated after transplantation and up to 20 percent of transplant patients develop cirrhosis within five years. Unfortunately, the standard antiviral drugs currently used to treat HCV prior to the onset of end-stage liver disease are poorly tolerated after liver transplantation, leaving these patients with few options.

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Antibody prevents hepatitis C in animal model

Liberty University preview capsule

LYNCHBURG, Va. --

The skinny

Coach: Turner Gill (first season at Liberty, 25-49 in six seasons overall)

2011: 7-4, 5-1 Big South

Offense: Gill's first task is a formidable one: replace Mike Brown, arguably the most prolific dual-threat quarterback in Big South Conference history. Junior Brian Hudson and redshirt freshman Josh Woodrum are first in line for the job. Gone, too, is standout wide receiver Chris Summers. The Flames return abundant experience at running back. Senior wideout Pat Kelly caught 40 passes for 591 yards last year. He likely will become the new QB's primary downfield target.

Defense: Liberty's shift from a three-man front to a 4-3 will add emphasis upon defensive-line play. Three experienced linemen return, but quality depth is a question. Depth at linebacker, on the other hand, is plentiful. It begins with sophomore Nick Sigmon (60 tackles, 30 solo, in 2011). Cornerbacks Kevin Fogg, a senior; Walt Aikens, a junior; and junior safety Chris Mayo lead a solid secondary.

Special teams: The departures of kicker Matt Bevins and punter Mike Larsson represent a substantial problem. Sophomore kicker Aaron Sassaman and junior punter Grant Bowden, a transfer from Virginia Tech, are regarded as likely replacements. Fogg is a first-rate kickoff/punt returner.

Quotable: "Mental errors we're trying to make sure that's something we can control. We want to minimize (lapses of awareness). That's the quickest way to lose a football game not doing the small things, the detail things, right." Gill, on his team's area of greatest emphasis at the conclusion of preseason training camp

Outlook: The success of Liberty's season depends on two periods of adjustment the team to Gill and the offense to its new quarterback. The Flames likely will not match last year's 35.9-point offensive average. The defense, which allowed an average of 34.5 points in last season's four losses, must quickly become surly if Liberty is to challenge preseason favorite Stony Brook for the Big South championship.

Bottom line: 8-3, 5-1 (second in the Big South)

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Liberty University preview capsule

Libertarian ballot challenge taken to court

iStock

Two Iowans who challenged Libertarian presidential candidate Gary Johnson's listing on ballots in Iowa are taking their case to court. A hearing is set for Friday morning.

Attorneys for the two voters filed documents Thursday in district court in Des Moines asking a judge to review the decision of a panel of three state officials that allowed Johnson on the ballot.

Secretary of State Matt Schultz, Attorney General Tom Miller and Warren Jenkins, the chief deputy for Auditor David Vaudt, voted Wednesday to allow Johnson on November's ballot.

Libertarians say they held a convention at the Iowa State Fair to get Johnson onto Iowa's ballot.

The challengers say Libertarians didn't hold a real convention. They say the panel of officials made an erroneous decision not supported by the evidence.

Copyright 2012 by The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.

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Libertarian ballot challenge taken to court

NZ, China and Cook Islands work to improve water quality

Prime Minister John Key today welcomed a new partnership between

the Cook Islands, China and New Zealand that will deliver an

improved water mains system in Rarotonga.

"This major infrastructure project will improve water quality and

address health and sanitation issues in Rarotonga," Mr Key says.

"Ensuring communities and businesses have access to clean drinking

water is critical and will improve livelihoods and promote economic

growth.

"It will mean a better quality of life for the people of the Cook

Islands and provide an improved tourist experience for visitors.

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NZ, China and Cook Islands work to improve water quality

Health Care Program for Seniors Emerges as Key Election Issue

The November U.S. presidential election may turn on how voters react to one key proposal by Republicans involving the popular Medicare program, which provides government-subsidized health care to citizens 65 years and older. Budget analysts from left and right agree that the program faces financial stress as large numbers of so-called baby boomers reach the age of eligibility. But they disagree on what should be done.

At the University Village Senior Living Community Clinic in Tampa, Florida, Hugh Clark gets his blood checked regularly.

Having had heart problems, he relies on Medicare and opposes any plan to change its status as a government-run program.

"There are some things that are better run by the government than would be run privately," he said.

His friend and neighbor, Ann Cook, agrees. She says she is unimpressed by the Republican promise to preserve the program as it is for those 55 years of age or older.

"I care very much about what happens to coming generations. I am not selfish enough to care only because they say it won't affect us," she said.

But she recognizes the challenge facing the program as government revenues fail to keep up with the numbers of people reaching retirement age.

"You probably have to raise the age incrementally a little bit because people live longer and work longer," she said.

The Republican Medicare reform proposal is contained in a budget plan developed by the party's vice presidential nominee, Wisconsin Congressman Paul Ryan, who spoke to the convention here in Tampa Wednesday.

"We had help from Medicare, and it was there, just like it's there for my mom today. Medicare is a promise, and we will honor it," he said.

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Health Care Program for Seniors Emerges as Key Election Issue

Henry Schein To Present At Three Investor Conferences In New York City During September

MELVILLE, N.Y., Aug. 31, 2012 /PRNewswire/ -- Henry Schein, Inc., (HSIC), the world's largest provider of health care products and services to office-based dental, medical and animal health practitioners, announced today that the Company will present at three investor conferences in New York City during September:

Henry Schein's presentations can be heard via live webcast by visiting http://www.henryschein.com, clicking on "Investor Relations" and following the link for "Webcasts." Replays will be available on the Web site following each presentation.

About Henry Schein, Inc.Henry Schein, Inc. (HSIC) is the world's largest provider of health care products and services to office-based dental, medical and animal health practitioners. The Company also serves dental laboratories, government and institutional health care clinics, and other alternate care sites. A FORTUNE 500 Company and a member of the NASDAQ 100 Index, Henry Schein employs nearly 15,000 Team Schein Members and serves approximately 775,000 customers. The Company offers a comprehensive selection of products and services, including value-added solutions for operating efficient practices and delivering high-quality care. Henry Schein operates through a centralized and automated distribution network, with a selection of more than 90,000 national and Henry Schein private-brand products in stock, as well as more than 100,000 additional products available as special-order items. The Company also offers its customers exclusive, innovative technology solutions, including practice management software and e-commerce solutions, as well as a broad range of financial services.

Headquartered in Melville, N.Y., Henry Schein has operations or affiliates in 26 countries. The Company's sales reached a record $8.5 billion in 2011, and have grown at a compound annual rate of 18% since Henry Schein became a public company in 1995. For more information, visit the Henry Schein Web site at http://www.henryschein.com.

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Henry Schein To Present At Three Investor Conferences In New York City During September

Planning for health care after retirement: What you need to know

By WAYNE WILSON

A 65-year-old couple retiring in 2012 will spend approximately $240,000 on health care throughout their retirement, according to a report from Fidelity Investments. This doesnt even include over-the-counter medication, dental care and other add-ons.

Many of us have always received health care coverage through our employers, but as retirement looms near, the reality of choosing and paying for our own health care can become overwhelming. Planning ahead for this change can make all the difference.

Budgeting basics

The first step when budgeting for health care is to consider what youre currently paying through your employer. Use this number as a guide to budget for future payments and choose a plan. Look at what services you use and dont use, how often you use them and how much their cost factors into the total amount. Keep in mind that your trips to the doctor may become more frequent as you grow older. Also be sure to consider inflation when budgeting, which can be up to four times higher for health care. Experts assume annual increases of 6 to 8 percent.

For example, that same 65-year-old couple with annual household income of $75,000 can expect to pay about $10,500 for health care this year. With increases in health care costs and inflation, Fidelity predicts that number could rise to $25,000 in just 15 years.

Picking the right plan

As you plan for retirement, its important to remember that turning 65 makes you eligible for Medicare, which can cost significantly less than buying individual health care before Medicare kicks in.

There are several questions to consider when choosing a Medicare plan. Do you only need the most basic care option? Do you want prescription drug coverage? What works best for you Original Medicare with a Medigap plan or a Medicare Advantage plan?

First, lets look at your options:

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Planning for health care after retirement: What you need to know

Letter: Both parties miss the real Medicare solution

Medicare is the 800-pound gorilla in the room when we speak of health care. Both parties fail to address the issue of efficiency to bring down cost.

Neither decreasing payments to hospitals (Democrats) and doctors nor using a voucher system to stimulate competition by insurance companies (Republicans) addresses the basic flaw in these approaches. The profits these systems would generate would absorb any savings. A for-profit health care system is no longer affordable. The only approach for Medicare is to create a not-for-profit HMO.

Those who believe in the free-market system should have the choice of a voucher for the estimated payment that would have gone into the HMO. They could choose an insurance plan, using these funds. Both those in favor of the government option and free enterprise should be satisfied.

Of course, there are details. Where would we get physicians to join this HMO? That could be achieved by offering to absorb medical school loans and malpractice insurance. Would there be enough physicians to care for all the patients? This could be resolve by using a layered system. Most patients would be seen by a nurse. If the nurse could not resolve the issue, a nurse practitioner or physicians assistant would. Next, if the need required, would be the physician and then the specialist.

The savings would be considerable. Additionally, nurses and physicians assistants would have more time to see patients, so patient satisfaction would increase. While all patients would like to see a specialist for routine problems, it is not practical or financially feasible. We can save our health care system while maintaining the quality we all want.

STEVEN SCHWARTZ

Jupiter

Misinformation presented

in article about Medicare

Laura Greens front-page article Medicare truth eludes both sides attempted to point out falsehoods in the Medicare debate between Obamaites and Romneycans. Unfortunately, The Post only exacerbated the problem of inaccurate information floating around.

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Letter: Both parties miss the real Medicare solution

Futurist's Cheat Sheet: Internet of Things

Through the Internet, humans have connected the world. People are closer to each other than ever while still remaining apart. The next phase of the the Internet will be about connecting things. The Internet of Things will be central to the infrastructure that we build.(The "Futurist's Cheatsheet" series surveys technologies on the horizon: their promise, how likely they are, and when they might become part of our daily lives. This article is Part 5.)

Think of a thing. Really, it could be anything. A chair, a toaster, parts of a car, the lights in your house, the electricity meter, the security cameras in your offices, a fire hydrant, traffic lights really, anything or everything that can exist could be connected to the Internet. Another name for the Internet of Things is a network of things. The network can monitor your home, your car, infrastructure (utilities such as electricity or water), traffic patterns and a variety of other possibilities to create a more informed and responsive system through data analysis.

Do you really need an Internet-connected toaster? Probably not. But, the toaster is a good place to start when discussing the Internet of Things.

What would you expect from a smart toaster? Perhaps a touch screen on which to schedule cooking. It could be connected to the coffee pot, enabling the perfect breakfast for you as soon as you wake. Your toaster could be programmed from your computer or a mobile app. Say you are laying in bed and know you are going to sleep in the next day, pull out your smartphone and reprogram the toaster to start an hour later.

A toaster could have its own IP address on the Internet. In theory, you could visit your toasters site. Giving things a full IP address is one way to tie a thing to the Internet. Another way, and the way in which many things will be tied to the Internet, is for a thing to just have the ability to connect to the Internet, without and IP address.

Now, imagine that there is no digital interface on your toaster. In this case it is just a toaster that happens to have cellular or Wi-Fi capabilities and sensors to monitor how well it performs. It sends sensor data back to the manufacturer through Internet nodes and portals without an individual IP address. The manufacturer uses this data to know how its product is working in the wild, how often it is used, and use this data to make a better toaster.

Go back and replace the word toaster with anything, say, a power meter. The same concepts apply. An Internet of Things can use the Web as an interface, or just use the Internet to move data. That data can be used to interact with the network of things or just as a pipeline where data moves two ways, analyzed and used to make objects smarter and more responsive to peoples needs.

There are so many ways that an Internet of Things could impact peoples lives that it is hard to describe everything. Distilling it to a few key areas helps define what the scope of an Internet of Things could be: infrastructure (buildings and utilities), consumer (cars and homes), health care and businesses (consumer products and retail locations).

Weather-related sensors could help agriculture by monitoring the moisture in the air or ground and give farmers warning about droughts. Smart buildings can provide enhanced security for the people that enter them or warning on disasters such as earthquakes. Connected cars can improve traffic flows or allow functions to be controlled remotely. Items within the home (such as the toaster) can be controlled and monitored and even connected to each other.

Health care is an interesting avenue for the Internet of Things. Certain aspects of the body could be connected to the Internet. Heart sensors could give patients and doctors data to prevent disease. Sensors that monitor white blood cells could give cancer or AIDS patients warning of a relapse.

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Futurist's Cheat Sheet: Internet of Things