REMINDER: PCORI FEES DUE JULY 31
Employers with self-funded plans subject to the Patient-Centered Outcomes Research Institute (PCORI) fee requirement, including HRAs, report and pay PCORI fees annually on the second-quarter Form 720 with payment due by July 31, 2021.
Third Party Administrators (TPAs) like Flores & Associates are neither allowed to file nor pay the PCORI fees on behalf of employers for the HRA plans they administer. Flores will provide enrollment information to our HRA clients who may need to pay a PCORI fee. This information is now available to download from the View Files section of the Flores Dash employer web portal at www.flores247.com.
For more information on the Patient-Centered Outcomes Research Institute (PCORI) and the fee, please visit: www.irs.gov/newsroom/patient-centered-outcomes-research-institute-fee.