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PCORI Notice Scheduled for All Savers Clients
May 3, 2017
The PCORI (Patient-Centered Outcomes Research Institute) fee helps fund research that evaluates and compares health outcomes, clinical effectiveness, and the risks and benefits of medical treatments and services. Under the Affordable Care Act, health insurers and plan sponsors are responsible for paying the PCORI Fee.
Self-funded plan sponsors must file a Form 720 and pay the PCORI fee directly to the IRS by July 31 of the calendar year following the last day of the plan year. The employer groups will determine which counting method they wish to use, complete and file the IRS Form 720. The Federal Excise Tax return Form 720 can be found on the IRS website.
In mid-June, All Savers will mail its membership report to groups who have plan years ending in 2016. The membership reports will also include the Plan’s monthly membership count using two of the allowable counting methods a group can choose from to file their Form 720.
For general questions please contact All Savers Broker Services at 1-800-291-2634.
January 1, 2017 PDL Updates
The following updates will take effect for the OptumRx direct Prescription Drug Lists (PDLs) on January 1, 2017. Learn more
New Sales Automation Management Tool
Check out our new Sales Automation Management (SAM). Learn more
UnitedHealth Group News
Visit our newsroom for the latest about programs, reports and initiatives designed to help people live healthier lives.