Attention Employers With Self-Insured Health Plans: PCOR Fees Due July 31

Under the Affordable Care Act, certain insurers and self-insured health plans are responsible for paying fees to help fund the Patient-Centered Outcomes Research Institute.  The PCOR fees are reported and paid on Form 720 once a year and are due no later than July 31 of the year following the end of the plan year.  The fees are first due July 31, 2013.  Form 720 has now been revised to include the PCOR fees and is available on the IRS website for use for the rapidly approaching July 31 deadline. Revised Form 720

Topics:  Affordable Care Act, Deadlines, Form 720, Healthcare, IRS, PCORI, Self-Insured Health Plans

Published In: Health Updates, Insurance Updates, Labor & Employment Updates, Tax Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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