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Health & Welfare Plans Newsletter

BULLETINNovember 14, 2022

[Official Guidance]

Text of IRS Notice 2022-59: Updated PCORTF Fee Payable for 2022 by Insured and Self-Insured Health Plans (PDF)

"The applicable dollar amount ... for policy years and plan years that end on or after October 1, 2022, and before October 1, 2023, is $3.00. The increase from the prior applicable dollar amount is calculated by multiplying $2.79 (which is the adjusted applicable dollar amount for policy years and plan years ending in the previous Federal fiscal year) by the percentage increase of the projected per capita amount of National Health Expenditures published by HHS on March 24, 2022."   MORE >>

Internal Revenue Service [IRS]

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BenefitsLink Retirement Plans Newsletter, ISSN no. 1536-9587.

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