Lost among the hue and cry about the Affordable Care Act (ACA) is the burden of responsibility placed on employers regarding health care coverage, costs and reporting requirements.
Many employers in both the nonprofit and for-profit sectors are still trying to get the details right, including their financial obligations.
Speaking during the American Institute of CPAs (AICPA) Not-for-Profit-Industry Conference, Eddie Adkins of Grant Thornton said that many employers are still confused about fees associated with the Patient-Centered Outcomes Research Institute (PCORI), which was established by the ACA. This confusion is increased when employers have such things as flexible spending accounts (FSAs).
The following programs are not subject to the PCORI fee:
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