H-E-B donates $1 million to diabetes program at University of Texas Rio Grande Valley
NYT: Health care is a hardship for many Americans
NEW YORK — As out-of-pocket expenses rise, many Americans say that the affordability of basic medical care is a hardship and, as a result, some are forgoing treatment because they are worried about cost, according to a recent national poll conducted by The New York Times and CBS News.
Respondents shared their experiences, and many told tales of the increasing burden of healthcare costs. According to the findings, nearly half of respondents said the affordability of basic medical care is a hardship — up 10 points from a year ago. As the article states, the Affordable Care Act may have expanded insurance, but it does not directly tackle costs.
Facing rising out-of-pocket expenses and concern over potential costs in a system that lacks transparency, some respondents admitted that they try to avoid treatment because of money.
The poll also found that Americans greatly desire more information about the cost of services so they can manage their expenses. Meanwhile, physicians argued that they do not know how much treatments costs, in part, because of uncertainties of insurance reimbursement.
Alex Brands acquires Shrinky Dinks
FAIRFIELD, N.J. — Alex Brands has acquired toy brand Shrinky Dinks for an undisclosed amount.
Shrinky Dinks joins the Alex Brands’ portfolio, which includes Alex Toys, Poof, Slinky, Scientific Explorer, Ideal, Zoob, Backyard Safari, Zillionz and Citiblocs.
Shrinky Dinks offers a wide variety of products and play patterns based upon plastic sheets that can be cut, colored and then shrunken and hardened into an endless amount of original designs. Shrinky Dinks has been providing decades of fun since its invention in 1973.
Alex Brands historically licensed the Shrinky Dinks brand for use in the Alex Toys product line.
“Our selection of Shrinky Dinks licensed kits has been an important and successful part of our product line,” stated Neil Friedman, president and CEO of Alex Brands. “This acquisition is a great opportunity to further leverage the Shrinky Dinks brand and play pattern across many of our toy lines. We are also proud to add yet another Made in the USA offering to our product portfolio.”
Alex Brands is a portfolio company of private equity firm Propel Equity Partners. Propel Equity Partners acquired Poof-Slinky in July 2012, Fundex Games in December 2012, Alex Toys in May 2013, Zoob in September 2013, and Summit Products and Citiblocs in May 2014.