The IRS has released Notice 2023-70, which provides the adjusted PCORI fee amount for plan years ending on or after Oct. 1, 2023, and before Oct. 1, 2024. Employers with self-insured health plans must pay the PCORI fee by July 31, 2024. This Legal Update provides an overview of the updated PCORI fee.
Contact your Cowden representative for more information on this or other compliance issues.