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Employers offering a self-insured medical reimbursement health plan, such as health reimbursement arrangements (HRAs), must pay this fee by July 31 each year (or August 1 if the date falls on a weekend) via Form 720 1.
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.
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