PCORI Fee Extension
The Patient-Centered Outcomes Research Institute (PCORI) fee is extended to 2029. The PCORI fee was initially applied from 2012 to 2019. The fee started at $1.00 per covered life in the first year that the fee was in effect and increased based on a COLA factor since. Most recently, for plan years that ended on or after October 1, 2018, and before October 1, 2019, the indexed fee was $2.45.
New PCORI Fee not Released
The IRS has not released the indexed fee for plan years that end on or after October 1, 2019, and before October 1, 2020, or for subsequent plan years. Stay tuned for details on the specific PCORI fee.