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How Employers Should Handle PCORI Fees (Plan Years Ending in 2021)

Wednesday, June 29, 2022

The ACA imposes a fee on employers with a Health Reimbursement Arrangement (HRA) or a self-insured plan in order to fund the Patient-Centered Outcomes Research Institute, also known as Comparative Effectiveness Fees. This Fee is always due by July 31 of the calendar year following the end of the plan year.

Join Towne Benefits Senior Vice President of Compliance, Corbin Granger, to review the PCORI fee, completing Form 720, how to calculate the average number of lives, and more!

 

The information herein should not be construed as legal or tax advice in any way. This content is provided for informational purposes only. You should seek the advice of your attorney or tax consultant for additional or specific information.