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 →
Posts Tagged 'group health plan'
Under the Affordable Care Act, employers that provide a self-funded group health plan (as well as health insurance issuers for fully-insured plans) must fund a traditional reinsurance program. The fees will be used to help stabilize premiums for coverage in the individual market for the first three years of the Exchange operation (2014 – 2016). […]Continue Reading →