You can access your employer groups PCORI Reports in benefitbay®
PCORI Fees are a mandatory requirement under the Affordable Care Act (ACA). Its purpose is to support research that helps patients, caregivers, and healthcare providers make informed decisions about healthcare options. Employers providing ICHRA are obligated to collect and submit these fees to the IRS on behalf of their self-insured health plan participants.
Some agents choose to assist their employer clients in the PCORI process. All the data you will need is available
Generating Your Employer's PCORI Report in benefitbay
Under your agent profile you will navigate to the 'Employers' tab in the left navigation bar. From there you will find the employer group you're looking for and click anywhere on their row to expand your view.
Once the left navigation bar expands, you'll select the 'Enrollment Periods' tab. Then select the previous year from the drop-down box below the 'Coverage Period' section.
After that, you'll select the "Reports" tab on the left navigation bar for that employer group. The PCORI Report will be located on the bottom right side of the screen. Click 'Download CSV' to get your employer's report.
For further assistance accessing this report, please contact your Customer Success Manager.