Patient-centered Outcomes Research Trust Fund Fee must be paid by issuers of specified health insurance policies and plan sponsors of applicable self-insured health plans (including HRAs). Payment is due annually, by July 31, of the calendar year following the end of the plan year. For more information, see: https://www.irs.gov/newsroom/patient-centered-outcomes-research-institute-fee
Filing is due for ERISA plans, unless exempt. Filing is made electronically with the DOL at: www.efast.dol.gov. Welfare plans that are fully insured, unfunded or a combination of both are excused from filing if they have fewer than 100 participants as of the first day of the ERISA plan year. Consider the need to file […]
Group health plans must report on certain prescription drug information to HHS, Labor, and Treasury. Reporting must include information regarding plan coverage and premiums, as well as the amount spent, and increase in spend, on various prescription drugs. Total spending on health care services is also included. The report must also disclose the impact on […]
