Under the Affordable Care Act, certain health insurance carriers and health plan sponsors are required to pay fees based on the average number of lives covered by welfare benefits plans. These fees are commonly referred to as Patient-Centered Outcome Research Institute (PCORI) fees.
The applicable fee was $2.39 for plan years ending on or after October 1, 2017 and before October 1, 2018. For plan years ending on or after October 1, 2018 and before October 1, 2019, the fee is $2.45. The fee phases out and will not apply to plan years ending after September 30, 2019.
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