PCORI Fee Update

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The Affordable Care Act created a private, nonprofit corporation known as the Patient-Centered Outcomes Research Institute (PCORI). PCORI funding comes from fees paid by health plans. The IRS has just announced that the PCORI fee for policy years and plan years that end on or after October 1, 2014, and before October 1, 2015, will be $2.08 per covered life.

 

More detail regarding this announcement can be found at http://www.irs.gov/pub/irs-drop/n-14-56.pdf