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November 18, 2022

IRS Announces New PCORI Fee

On November 14, the IRS announced the annual support fee that health plans must pay for policy years and plan years that end on or after October 1, 2022, and before October 1, 2023. The fee is to help fund the Patient-Centered Outcomes Research Trust Fund. The dollar amount that calendar year plans must pay next July 31 is $3.00 (up from $2.79) times the average number of covered lives.

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