Which Employers Must Pay the New ‘PCORI’ Fee Due July 31?
Some employers face a July 31 deadline to pay a new fee required under the Affordable Care Act. The fee must be paid by employers who sponsor self-insured health plans, including health reimbursement arrangements and flexible spending arrangements. The new requirement may take some employers by surprise — and, of course, there are penalties for failing to comply. Our article explains what the federal government will use the money for and which employers must pay it. Keep reading to find out if you are facing the dealine…