How Employers Should Handle PCORI Fees (Plan Years Ending in 2022)

The ACA imposes a fee on employers with a Health Reimbursement Arrangement (HRA) or a self-insured plan 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. For plan years ending in 2022, the PCORI fees are due by July 31, 2023.

Join our Senior Vice President of Compliance, Corbin Granger, for a webinar reviewing the PCORI fee, completing Form 720, how to calculate the average number of lives, and more!

This webinar was originally recorded on June 28, 2023. Please visit us at www.townebenefits.com to learn more.

Insurance and investment products offered through Towne Benefits, a subsidiary of TowneBank, are not a deposit, not FDIC-insured, not guaranteed by TowneBank, and may go down in value.

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.