IRS Releases New PCORI Fee

The IRS released the PCORI fee for policy/plan years ending on or after October 1, 2014 and before October 1, 2015. The notice is three pages long and you have to read to the end to find out the amount, so to save you some time, it’s $2.08. Fees are calculated per covered life, generally including covered dependents, retirees, and COBRA participants. In the first year that the fee was charged, the amount was $1.00.

Go to full article: www.irs.gov

Tracy Watts
by Tracy Watts

Market Business Segment Leader

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