PCORI Fee Deadline Just Around the Corner
The ACA requires health insurance issuers and self-funded plan sponsors to pay PCORI fees to fund comparative effectiveness research. At the end of 2019, these fees were extended to apply through 2029. For plan years ending in 2019, PCORI fees are due July 31, 2020. This ACA Compliance Bulletin provides information on the deadline and the method for reporting and paying PCORI fees, including available transition relief for plan years ending on or after Oct. 1, 2019, and before Oct. 1, 2020.