In Notice 2024-83, the IRS announced that for plans that end on or after October 1, 2024, and before October 1, 2025, the PCOR rate per covered individual is $3.47 per plan participant. The PCOR fee is calculated based on the average number of lives covered under the policy or plan. As a reminder, the applicable [...]
In Notice 2022-60, the IRS announced that for plans that end on or after October 1, 2022 and before October 1, 2023, the PCORI rate per covered individual is $3.00 per plan participant. The PCOR fee is calculated based on the average number of lives covered under the policy or plan. As a reminder, the IRS announced [...]
The IRS announced in Notice 2020-84 that the adjusted applicable amount for the Patient-Centered Outcomes Research Institute (PCOR) fee for policy or plan years ending on or after October 1, 2020, and before October 1, 2021, will be $2.66 per plan participant. The PCOR fee is calculated based on the average number of lives covered under [...]
The annual fee to fund the federal Patient-Centered Outcomes Research Institute (PCORI), paid by employers that sponsor self-insured health plans and by commercial group health insurance providers, will go up by .09 cents per employee or dependent enrolled in the health plan from $2.45 (filed July 31, 2020) to $2.54 (filed July 31, 2021). The [...]
