Skip to main content
A Better Partnership

Publications

Jul 2014
21
July 21, 2014

Reminder: Group Health Plans’ PCORI Fees Due By July 31


As a reminder, Patient Centered Outcomes Research Institute (“PCORI”) fees are due for most group health plans by July 31, 2014. Under Health Care Reform, most group health plans will be required to annually pay PCORI fees through 2019. 

PCORI fees were first due by sponsors of self-insured group health plans and insurers last July for plan and policy years that ended on or after October 1, 2012. This year’s PCORI fees will be calculated for plan and policy years that ended on or after October 1, 2013.

Employers that sponsor self-insured group health plans should report and pay PCORI fees using IRS Form 720, Quarterly Federal Excise Tax Return. For more information about which plans are responsible for paying PCORI fees and how to calculate the fee, please see our earlier publication here.

If you need help amending your plan, calculating the number of covered lives or addressing any other issues pertaining to PCORI fees or Health Care Reform, please contact April Goff (616.752.2154 or agoff@wnj.com), Norbert  Kugele (616.752.2186 or nkugele@wnj.com), or any other member of the Warner Norcross & Judd Employee Benefits Group.

NOTICE. Although we would like to hear from you, we cannot represent you until we know that doing so will not create a conflict of interest. Also, we cannot treat unsolicited information as confidential. Accordingly, please do not send us any information about any matter that may involve you until you receive a written statement from us that we represent you.

By clicking the ‘ACCEPT’ button, you agree that we may review any information you transmit to us. You recognize that our review of your information, even if you submitted it in a good faith effort to retain us, and even if you consider it confidential, does not preclude us from representing another client directly adverse to you, even in a matter where that information could and will be used against you.

Please click the ‘ACCEPT’ button if you understand and accept the foregoing statement and wish to proceed.

ACCEPTCANCEL

Text

+ -

Reset