PCOR Fee Notice: Plan Year Ending in 2025

If your HRA plan year ends in 2025, you're required to file Form 720 and pay the PCOR fee by July 31, 2026. Here's how to determine your rate and submit payment.

Does This Pertain to You?

If you administer a QSEHRA or ICHRA with a plan year ending in 2025, you must file Form 720 (Quarterly Federal Excise Tax Return) and pay the PCOR fee (Patient‐Centered Outcomes Research Trust Fund) by July 31, 2026.

What To Do

Download Form 720

Get the latest second-quarter Form 720 here:
Form 720 (Quarterly Federal Excise Tax Return)

Note: The current Form 720 PDF has not yet been updated to display the 2025 plan-year PCOR fee rates. For filings due July 31, 2026, use the IRS-published applicable rates shown below.

Select the Correct Rate

Row (c): Plan year ending Jan 1 – Sep 30, 2025 → $3.47 per covered life
Row (d): Plan year ending Oct 1 – Dec 31, 2025 → $3.84 per covered life

Calculate Your Average Covered Lives

Use the Actual Count Method:

Add the total number of lives covered on each day of your plan year, then divide by the number of days in that plan year.
Example: 36,500 daily lives ÷ 365 days = 100 average covered lives.

Complete Form 720

Enter your average lives in Column (a), using the appropriate Row.
Multiply Column (a) by Column (b), to calculate your fee in Column (c).

Submit Your Payment

Include the payment voucher Form 720-V with Form 720 and a check or money order payable to

Department of the Treasury
Internal Revenue Service
Ogden, UT 84201-0009