United Benefit Advisors Insight and Analysis Blog

IRS Releases Indexed PCORI Fee

By Karen Hsu, Director of Compliance at United Benefit Advisors
  Jan 10, 2019 1:00:00 PM

shutterstock_579202048The Patient Protection and Affordable Care Act (ACA) imposes a fee on insurers of certain fully insured plans and plan sponsors of certain self-funded plans to help fund the Patient-Centered Outcomes Research Institute (PCORI). The PCORI fee is due by July 31 of the year following the calendar year in which the plan or policy year ends.

The Internal Revenue Service issued Notice 2018-85 to announce the PCORI fee of $2.45 for policy years and plan years that end on or after October 1, 2018, and before October 1, 2019.

Plan/Policy Year

Last Year Fee Is Due ($2.45, indexed/person)

Nov. 1, 2017 - Oct. 31, 2018

July 31, 2019

Dec. 1, 2017 - Nov. 30, 2018

July 31, 2019

Jan. 1, 2018 - Dec. 31, 2018

July 31, 2019

Feb. 1, 2018 - Jan. 31, 2019

July 31, 2020

March 1, 2018 - Feb. 28, 2019

July 31, 2020

April 1, 2018 - March 31, 2019

July 31, 2020

May 1, 2018 - April 30, 2019

July 31, 2020

June 1, 2018 - May 31, 2019

July 31, 2020

July 1, 2018 - June 30, 2019

July 31, 2020

Aug. 1, 2018 - July 31, 2019

July 31, 2020

Sept. 1, 2018 - Aug. 31, 2019

July 31, 2020

Oct. 1, 2018 - Sept. 30, 2019

July 31, 2020


Read more about the PCORI fee
.

Topics: IRS, PCORI Fee, ACA