» Reminder: PCORI Fees Due July 31
May 14, 2019
Fees Apply to Employers Sponsoring Certain Self-Insured Plans
As a reminder, employers that sponsor certain self-insured health plans are responsible for Patient-Centered Outcomes Research Institute (PCORI) fees. Fees for plan years that ended in 2018 are due July 31, 2019.
Employers must report and pay the required PCORI fees annually via IRS Form 720. For plan years that ended between January 1, 2018 and September 30, 2018, the fee is $2.39 multiplied by the average number of lives covered under the plan. For plan years that ended between October 1, 2018 and December 31, 2018, the fee is $2.45 multiplied by the average number of lives covered under the plan.
For more information on filing due dates and applicable rates, click here.
Posted by Hallier Benefit Advisors in Healthcare Reform Updates