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According to Notice 2020-84, the IRS is raising the fee that insurers or self-insured health plan sponsors will pay in 2021 for PCORI fees. The fee will be $2.66 per plan enrollee, up from $2.54 for the 2020 plan year.
The annual fee is due July 31 for plan years ending between October 1, 2020 - October 1, 2021, including calendar year plans. Self-insured employers can pay the fee directly to the IRS. For fully insured employers, the fee is paid by the provider although the cost may be factored into premium increases.
Read the full article for more details.
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