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July is wrapping up, and while compliance deadlines have been relatively light this month, it's just the start of what lies ahead in the final five months of the year. New legislation continues to be enacted, having a significant impact on all of us.
PCORI Fees
Employers of certain self-insured health plans are responsible for paying PCORI (Patient-Centered Outcomes Research Institute) fees annually. Fees for plan years that ended in 2025 are due July 31, 2026.
- PCORI fee for plan years ending between October 1, 2024, and before October 1, 2025, is $3.47 per covered life.
- PCORI fee for plan years ending between October 1, 2025, and before October 1, 2026, is $3.84 per covered life.
These fees are reported on IRS Form 720. For additional information regarding PCORI, click here.
If you haven't begun the PCORI filing process, please contact your Account Management team for assistance.
In Case You Missed It
Contributions to the “Trump Accounts” went into effect on July 4. These accounts were a result of the One Big Beautiful Bill (OBBB) Act previously passed. Trump Accounts are a tax-favored savings account for children under the age of 18. It works similarly to a retirement account but has special rules during what’s called the “growth period,” which lasts until the child reaches adulthood. During this time, contributions grow tax-deferred, and withdrawals are generally not permitted. See this Acrisure bulletin for additional information.
Current National Headlines in the News
With HR and Employee Benefits topics regularly in the news, staying current on what’s really important can often be challenging. For the most current listing of those articles, see this Weekly Digest.
Upcoming Training Opportunity Reminder
Acrisure will be hosting “2026 Mid-Year Compliance Updates for Group Health Plans” on July 16 at 2 PM ET. Join us for a mid-year checkup of key compliance developments impacting group health plans. We’ll review timely updates involving fertility benefits, the evolving landscape of PBM (Pharmacy Benefit Manager) reform, considerations related to voluntary benefits, and highlights of relevant judicial decisions. We’ll also provide an overview of annual compliance obligations yet to come in the second half of the year.
This event is a part of Acrisure’s continued education series and free of charge. Registration is required so be sure to sign up in advance.
Compliance Disclaimer:
This communication is for informational purposes only and should not be considered legal or tax advice. Employers should consult with legal counsel or other appropriate professionals regarding their specific compliance obligations.