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PCORI Fees Due July 31

By June 7, 2017 No Comments

Authorized by Congress as part of the Affordable Care Act, PCORI (Patient-Centered Outcomes Research Institute) performs medical research designed to lead to better health care conditions and, ultimately, to improved patient outcomes. Funding for this research is provided, in part, by this annual fee.

If your organization had a Health Reimbursement Arrangement (HRA) plan that ended in 2016, you are required to file IRS Form 720, Quarterly Federal Excise Tax Return, and pay the accompanying fee by July 31, 2017.

For more information, please refer to our e-Alert.