One Huntington Quadrangle, Suite 1S07, Melville, NY 11747

Ph: (631) 465.0606 | Email: info@jmbrassillgroup.com

COVID-19 Resource Center

Click Here

Reminder: Health Plan PCORI Fees Are Due July 31 | New York Employee Benefits

Employers that self-insured any group health plans in 2017, including health reimbursement arrangements (HRAs), are responsible for determining whether the annual PCORI fee applies to their plan. If so, use Form 720 to calculate, report, and pay the fee by July 31, 2018.

PCORI stands for the Patient-Centered Outcomes Research Institute. Federal law imposes a small annual fee on most health plans that include medical benefits in order to raise revenue to finance the Institute’s work. See our blog for details on which employer-sponsored plans are subject to the PCORI fee, how to calculate the 2017 amount, complete Form 720, and make payment.

Get It All

ThinkHR customers can find a wealth of information about the PCORI fee and other ACA requirements by logging on to Comply.

Originally published by www.ThinkHR.com


Leave a Reply

Your email address will not be published.