IRS Releases Updated PCORI Fee Rates

On October 31, 2023

The Internal Revenue Service (IRS) has released the amount of the 2023 plan year Patient-Centered Outcomes Research Institute (PCORI) fee, which must be paid by group health insurance plan sponsors and health insurance issuers by July 31, 2024. The fee rate for plan years ending in 2023 are as follows: The PCORI fee was established […]

PCORI Fees for Self-Insured Medical Plans

On June 27, 2023

Updated Form 720 Issued | Fees Due 7/31/23 Under the ACA, all medical plans are responsible for paying the Patient-Centered Outcomes Research Institute (PCORI or PCOR) fees to the IRS, based on the average number of plan participants in the reporting plan year. If the medical plan is insured, the insurance carrier pays the fee […]

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