PCORI Fees Due Aug 2
Every year, self-insured health plans are required to pay Patient-Centered Outcomes Research Institute (PCORI) fees using IRS Form 720. Usually these fees are due on July 31st. However, this year’s the due date is August 2nd since the 31st falls on a Saturday. Here’s the rundown:
- The amount of fees due is calculated using the average number of lives covered under the plan.
- PCORI fees = (Average # of employees x $2.54)
Take a free copy of our briefing on PCORI fees for this year, complete with links to all relevant forms.