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Cleveland is Believeland, proclaims The New York Times in the headline of an article published in early summer. The headline plays on the coronation of LeBron James and the Cleveland Cavs as NBA champions, but the author also promotes the region as a destination worth exploring. Within days, the same publication published “A Revitalized Cleveland […]

As we proceed through the year, The Fedeli Group is committed to keeping you informed on industry trends and carrier performance. CVS Health, a major player in the pharmacy benefit management (PBM) industry recently released their annual Drug Trend Report. Among the highlights presented were the following: • Reduced drug trend for commercial clients to 1.9%.• Contained […]

WASHINGTON, DC – The U.S. Department of Labor announced today its decision for April 1, 2018, as the applicability date for employee benefit plans to comply with a final rule under the Employee Retirement Income Security Act (ERISA) that will give America’s workers new procedural protections when dealing with plan fiduciaries and insurance providers who […]

Cleveland has become a food town. More specifically, it has become a chef town. Nationally and internationally recognized chefs such as Michael Symon, Zack Bruell, Jonathon Sawyer and Rocco Whalen have turned Cleveland into a foodie’s paradise, peppering the town’s revitalized cityscape with innovative restaurant concepts.  The city’s roster of all-star chefs garners most of the […]

To serve people effectively, you must know them well. If you want something, you have to give something — to have a friend, be a friend or to be successful, you must help others achieve success. These basic concepts apply to business and life because we don’t operate in silos. Consistency in character across the board is […]

As prescription drug prices continue to rise, health insurers and pharmacy benefit managers have come under increased scrutiny of their rebate practices. United Healthcare released the following announcement regarding rebates beginning January 1, 2019. Last week UnitedHealthcare announced plans to pass a portion of the value of our manufacturer drug rebates to our fully insured […]

In a world that is moving so fast sometimes we don’t see the obvious and cyber thieves know it.  Don’t succumb to their trickery and become a statistic. Cybercrime comes in many sizes and shapes as shown in the statistics and impact every business.  Examples include ransomware, phishing, and theft of personal private information.  However, […]

The U.S. Department of Labor (DOL) has adopted the primary beneficiary test for determining whether interns of for-profit employers count as employees under the federal Fair Labor Standards Act (FLSA). The FLSA requires for-profit employers to pay employees for their work. Interns and students, however, may not be “employees” under the FLSA—in which case the […]

Time to renew your driver’s license or ID card? Be sure you have the correct documentation in hand—and don’t expect to walk out that day with your new card, as of July 2, 2018. A new federal law process for “REAL driver’s licenses/IDs” will improve card security and prevent theft. But you must bring the […]