PCORI Fee for 2015-2016

Posted by BAS - 22 October, 2015

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The IRS issued the adjusted dollar amount that will be charged for the annual PCOR fee charged to insured and self-funded plans.

The Affordable Care Act requires insurers and self-funded plans to pay a yearly fee to support health plan clinical research. The patient-centered outcomes research (PCOR) fee applies to plan years ending on or after October 1, 2012 and before October 1, 2019. 

PCOR fees are reported on Form 720, Quarterly Federal Excise Tax Return, for the second quarter of the year. The fee can be paid electronically or mailed to the IRS with the filing. The fee is tax-deductible as a business expense.

The PCOR fee is based on the number of employees, spouses, and dependents covered by the plan. The fee was $1.00 per covered life for plan years ending before October 1, 2013, and increased to $2.00 per covered life for plan years between October 1, 2013 and October 1, 2019. For plan years ending between Oct. 1, 2014, and Sept. 30, 2015, the fee was $2.08.


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