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PCORI stands for the Patient-Centered Outcomes Research Institute. This institute came about as part of legislative healthcare reform: the Affordable Care Act (ACA). PCORI fees that were part of this legislation are intended to fund the institute for a set time frame. According to a Society for Human Resource Management (SHRM) article on the topic: […]
What Is the Amount of the Fee? The fee is: • $1 times the average covered lives for policy years ending on or after Oct 1, 2012 and ending before Oct 1, 2013; • $2 for policy years ending on or after October 1, 2013 and before October 1, 2014 • $2 plus an adjustment […]
Gillihan, who is Counsel in the Atlanta office of Alston & Bird LLP, made his suggestions at a recent webinar sponsored by BLR/HRHero. Complying with the Women’s Health Preventive Care Requirement First of all, employers should already be complying with women’s health preventive care requirements, in effect January 1 for calendar plan years, says Gillilan. […]