Question of the Week - PCORI Fee for Insured Plan

Posted by BAS - 26 July, 2023

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Q.- We offer a fully-insured group health plan. Do we have to file information about our plan and pay the PCORI fee?

A.- No. The insurer pays the PCORI fee for fully insured group health plans.

 


Benefit Allocation Systems (BAS) provides best-in class, online solutions for: Employee Benefits Enrollment; COBRA; Flexible Spending Accounts (FSAs); Health Reimbursement Accounts (HRAs); Leave of Absence Premium Billing (LOA); Affordable Care Act Record Keeping, Compliance & IRS Reporting (ACA); Group Insurance Premium Billing; Property & Casualty Premium Billing; and Payroll Integration.

MyEnroll360 can Integrate with any insurance carrier for enrollment eligibility management (e.g., Blue Cross, Blue Shield, Aetna, United Health Care, Kaiser, CIGNA and many others), and integrate with any payroll system for enrollment deduction management (e.g., Workday, ADP, Paylocity, PayCor, UKG, and many others).

Topics: Company News, HR & Benefits News, Technology News, PCORI Fee


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