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When the Affordable Care Act (ACA) was signed into law on March 23, 2010, it included a provision that provided funding for medical research and established the Patient-Centered Outcomes Research Trust Fund (PCORTF). Also known as a PCORI fee, it had a sunset date on a group’s medical plan anniversary date in 2019.
Most employers have already been contacted by their carrier or third-party administrator (TPA) and will rely on their insurancecarriers or TPAs to provide the MRFs. As a result, these fees will continue to apply for the 2020-2029 fiscal years. Employer Takeaway. Calculating the PCORI Fee Payment.
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