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News & Thought Leadership

PCOR Fee Filing Reminder For Self-Insured Plans

The PCOR filing deadline is July 31, 2017 for all self-funded medical plans and HRAs for plan years ending in 2016. Do not miss out on this opportunity to check out if the changes in self-funded medical plans apply to your company.

The IRS also issued FAQs that help to address how the PCOR fee works with a self-insured health plan on a short plan year.

Does the PCOR fee apply to an applicable self-insured health plan that has a short plan year?
What is the PCOR fee for the short plan year?

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Relief for Small Employers with HRAs

On December 13, 2016, President Obama signed into law the “21st Century Cures Act” which allows small employers without group medical plans to reimburse individual premiums and other medical expenses of employees under health reimbursement arrangements (“HRAs”), effective with the 2017 plan year, and provides relief from penalties to all small employers reimbursing individual premiums…

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Adjusted PCOR Fee for Fifth Filing Year Released

The Internal Revenue Service (IRS) recently released Notice 2016-64, which provides the adjusted applicable dollar amount for the fifth filing of the PCOR fee. The adjusted dollar amount for plan years ending on or after October 1, 2016 and before October 1, 2017 is $2.26. For self-insured plans and HRAs, the PCOR fee is due…

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