Supreme Court decisions are a lot like used car sale ads in the newspaper. You really should read the fine print. Facebook and Twitter are ablaze today as people paying nominal attention to their email inbox or news feed on Facebook simultaneously rejoice and rage about the ruling in Burwell v. Hobby Lobby Stores, Inc.
The Affordable Care Act (ACA) requires health insurance issuers and sponsors of self-insured health plans to pay Patient-Centered Outcomes Research Institute fees (PCORI fees). The fees are reported and paid annually using IRS Form 720 (Quarterly Federal Excise Tax Return). If you have a fully-insured group health plan, you carrier will handle the PCORI fee payment.