The Department of Labor (DOL) has officially dropped its support of the new overtime rule. The rule, originally scheduled to take effect in December 2016, was halted by a federal court soon before its enactment.
Amazon announced it will be purchasing the online pharmacy PillPack. The deal is expected to close before the end of the year.
The PillPack, an online pharmacy startup that earned more than $100 million in revenue last year, Amazon is now able to enter the prescription market.
The average premium for employer-sponsored health insurance was $6,690 for single coverage and $18,764 for family coverage in 2017.
Those figures are up 4 percent and 3 percent, respectively, from last year.
Contact your Hummel Group representative to discuss strategies for reducing premium costs.
On July 28, 2017, the Department of Treasury announced that it will be shutting down the my Retirement Account (myRA) program. The program was put in place by former President Barack Obama as a means to help those who did not have access to a retirement account at work to save for retirement.
Jovita Carranza, the United States Treasurer, explained that the program is being discontinued because it cost too much compared to the demand for the accounts.
Introduced in a June 2017 update, Snap Map allows users to share their exact location with friends within the Snapchat app. Snap Map gathers location data using a smartphone's GPS sensor and displays the time of day an individual is at a specific location and his or her speed of travel. This information is shown on a map that can be accessed when a user first opens Snapchat and pinches the screen to zoom out.
