The annual Patient-Centered Outcomes Research Trust Fund (PCORI) fee is due to the IRS August 1, 2016.

The fee, charged to certain health insurance policies, is used to support the activities of the Patient-Centered Outcomes Research Institute, a nonprofit, non-governmental organization (NGO) established by the Affordable Care Act (ACA).  Fully- and self-insured group health plans ( Including HRA’s) are subject to PCORI fees.  A health insurer will pay the fee on behalf of the employer if the plan is fully insured.

Click here to read the bulletin from Primepay

As always please contact your Total Benefit Solutions dedicated account manager at (215)355-2121 if you have any further questions or concerns.