The annual deadline for reporting and paying the PCORI Fee is quickly approaching. For plan years ending in 2017, the PCORI fees are due by July 31, 2018. This compliance requirement primarily impacts two groups of employers: Employers that sponsor a self-insured health plan Employers that have a fully-insured health plan with a Health Reimbursement [...]Continue Reading →
Posts Tagged 'PCORI fee'
Under the Affordable Care Act, certain employers have an annual obligation to pay the PCORI fee. Generally, this fee applies to employers that have a self-insured group health plan and to employers that have a Health Reimbursement Arrangement (HRA) alongside their fully-insured group health plan. Sponsors of any applicable plans that ended in 2016 must [...]Continue Reading →
Under the Affordable Care Act, many employers that sponsor self-insured group health plans, including health reimbursement arrangements (HRAs), are subject to what is known as the PCORI Fees. Affected employers must typically report and pay the required fees via IRS Form 720, Quarterly Federal Excise Tax Return, no later than July 31st of the year [...]Continue Reading →