News
June 12, 2020
IRS Raises PCORI Fee, Due July 31 for Self-Insured Health Plans
The IRS issued Notice 2020-44 on June 8 to adjust the fee paid by insurers or self-insured health plan sponsors to fund the federal Patient-Centered Outcomes Research Institute (PCORI) trust fund. The fee must be paid to the IRS by July 31.
The new amount used to calculate the PCORI fee for plan years that end on or after Oct. 1, 2019, and before Oct. 1, 2020, is $2.54 per person covered by the plan. The fee for plan years ending prior to Oct. 1, 2019, was $2.45 per person.
The new amount used to calculate the PCORI fee for plan years that end on or after Oct. 1, 2019, and before Oct. 1, 2020, is $2.54 per person covered by the plan. The fee for plan years ending prior to Oct. 1, 2019, was $2.45 per person.
Back to previous page