PCORI FAQs

Frequently Asked Questions about the Patient-Centered Outcomes/Comparative Effectiveness (PCORI) Fee Updated June 2020 Q1: What plans does the PCORI fee apply to? A1: All plans that provide medical coverage to employees owe this fee. Medical coverage includes preferred provider (PPO) plans, health maintenance organization (HMO) plans, point-of-service (POS) plans, high deductible health plans (HDHPs), and …

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May Compliance Recap

The Internal Revenue Service (IRS) issued IRS Notice 2020-29 that provides increased flexibility for making mid-year elections or changes under a Section 125 cafeteria plan during calendar year 2020 and provides increased flexibility to apply unused amounts in health flexible spending accounts (FSAs) to medical care expenses. The IRS also issued IRS Notice 2020-33 that …

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COVID-19 Guidance & Tips: Information for HR Professionals

HR ELEMENTS: Ideas & Tips for HR Professionals As we work to establish a “new normal”, the guidance below will help your team execute the most effective return to work plan in the safest manner. This article will address topics and questions such as: New policies for returning to work post COVID-19 Can companies require …

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April Compliance Recap

The President signed the Paycheck Protection Program and Health Care Enhancement Act (PPPHCEA). The Department of Labor (DOL) and the Department of the Treasury (Treasury) released a final rule extending certain timeframes under the Employee Retirement Income Security Act (ERISA) and Internal Revenue Code (IRC) for group health plans, disability, and other welfare plans, pension …

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