"The PCORI Fee is considered an excise tax that must be reported on IRS Form 720 for the second quarter reporting period. It is due by July 31 of the year following the last day of the plan year being reported on.... The Fee is not assessed against most healthcare flexible spending accounts, as well as employee assistance, disease management, and wellness programs not providing significant medical care benefits, and plans covering primarily employees working outside the United States. A plan sponsor is also able to treat multiple self-insured plans with the same plan year as a single plan for reporting and payment purposes."

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