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PCORI Fee Deadline Just Around the Corner
The Affordable Care Act (ACA) requires health insurers and sponsors of self-funded group health plans to pay an annual Patient-Centered Outcomes Research Institute (PCORI) fee by July 31. Originally, the law provided that the PCORI fee would not be assessed for plan years ending after September 30, 2019. However, legislation passed in December 2019 extended the PCORI fee for an additional 10 years, until 2029.