Annual PCORI fee is due July 31st

The Affordable Care Act created the Patient Centered Outcome Research Initiative (PCORI) to evaluate and compare health outcomes. The annual PCORI fee partially funds this initiative. The fee applies to all health plans that provide coverage to employees, including church and government plans.

This Alert addresses:

• Which group health plans are subject to the PCORI fee;
• How to calculate the fee; and
• Who is responsible for reporting and paying the applicable fee.