Tag Archives: PCORI fees

Deadline Approaching for PCORI Tax Filing

Sponsors of self-insured health plans are required to report and pay the patient-centered outcomes research fee (PCORI) fee by July 31, 2014. The most significant change this year is an increase in the applicable fee. For plan sponsors of self-insured … Continue reading

Posted in Self-funded Health Plans | Tagged , , , , , | Leave a comment

IRS Publishes Clarifying Information on PCORI Fee

The first Patient Centered Outcomes Research Institute (“PCORI”) fee is due on July 31, 2013. This new fee, which was established by the Patient Protection and Affordable Care Act, will be paid annually by insurers and the sponsors of self-funded … Continue reading

Posted in Patient Protection and Affordable Care Act | Tagged , , , , , , | Leave a comment

RED LIGHT: TREASURY DELAYS PPACA EMPLOYER PENALTIES

In a stunning move, the U.S. Department of the Treasury (“Treasury”) delayed the shared responsibility penalties under the Patient Protection and Affordable Care Act (“PPACA”) until 2015.  Late Tuesday afternoon, Treasury posted a blog entitled Continuing to Implement the ACA … Continue reading

Posted in Patient Protection and Affordable Care Act | Tagged , , , , , , , , , , , , , , , | Leave a comment

Transitional Reinsurance Fees: A Broad Overview

The PPACA established two new programs, both of which are accompanied by new fees. The relatively small PCORI fee of $1 per covered life is due on July 31 of this year for plan years that end after October 1, 2012—the form … Continue reading

Posted in Patient Protection and Affordable Care Act, Self-funded Health Plans | Tagged , , , , , , , , , | Leave a comment

PCORI Fee Update: PCORI Fees May Be Tax Deductible as a Business Expense

On May 31, 2013, the IRS’s Office of Chief Counsel released a memorandum explaining the office’s opinion that PCORI fees are a deductible business expense. The memo explains that Section 162(a) permits a deduction for “all ordinary and necessary business … Continue reading

Posted in Patient Protection and Affordable Care Act | Tagged , , , , | Leave a comment