IRS Announces PCORI Fee Update

The IRS has released Notice 2020-44, providing some much-needed information regarding PCORI fees for self-funded plans ending between October 1, 2019 and September 30, 2020.

The fee will be $2.54 per covered life, up from $2.45.

The fee is still due on 7/31 and the updated form 720 is expected to be published today, Wednesday June 10th.