Employee Benefit News for School, City and County Employers

PCORI Fee Deadline July 31st

Written by Erin Woulfe | May 24, 2018 8:08:18 PM

If your health plan is self-funded, the deadline to pay your annual PCORI fees is July 31, 2018. You should use IRS Form 720 for reporting.

The PCORI (Patient-Centered Outcomes Research Institute) Fee is part of the Affordable Care Act, helping to fund research to help patients make more informed healthcare decisions. The fee is calculated based upon the average number of lives covered under the plan. It applies to policy or plan years ending on or after October 1, 2017 but before October 1, 2018. The fee is $2.39 per covered life.

Download the bulletin for more details about reporting, fees, etc.