How to file PCORI fees online?(in 2025)
The Patient-Centered Outcomes Research Institute (PCORI) is a nonprofit organization created by Congress in 2010 to fund research that helps patients and healthcare providers make better decisions. PCORI focuses on patient-centered outcomes research, comparing treatment options to find what works best based on patients’ needs and preferences.
The PCORI is owned and governed under the oversight of the IRS. It operates in compliance with federal tax regulations, including the collection of PCORI fees from certain health insurers and self-insured employers.
IRS encourages PCORI filers to file online. Our platform is an IRS Authorized PCORI Submission Portal. Filing the PCORI Fee online is the easiest and most efficient method. It saves time, minimizes errors, and provides instant confirmation. Here's how to file quickly using Simple720, our IRS-authorized e-filing portal.
STEP 1 - Create an Account: If you’re a new user, sign up for a free Simple720 account. Existing users can log in with their credentials.
STEP 2 - Provide Business Details: For new users, the next step is to enter your business details. Click on “Add New Filings” and click on “Add New Business” and complete the required fields, including:
Business Name
Employer Identification Number (EIN)
Business Type (select from the drop-down options)
Business Contact Information
If you’re an existing user, simply select the stored business name from the database.
STEP 3 - Choose Form Type: Select “Form 720 (Quarterly Federal Excise Tax)” as the form type. Accurately provide the tax year and quarter you are filing for, then click “Proceed.”
STEP 4 – Select the Correct category: From the left-hand menu, navigate to the Part 2 dropdown and select the IRS number 133 (Patient-Centered Outcomes Research Fee)
STEP 5 - Enter Tax Details: Fill in the required information for your PCORI filing:
Select the type of policy from the dropdown menu.
Enter the average number of lives covered.
Note – For 2025 the fee is $3.47 per covered life
Our PCORI filing portal will automatically compute the tax amount based on the entered information and display the calculated total on the dashboard.
STEP 6 - Choose a Payment Method: Review your information and choose one of the IRS payment methods:
Electronic Funds Withdrawal (Direct Debit)
EFTPS - Electronic Federal Tax Payment System
STEP 7 - Complete Your PCORI Filing: Once the payment is completed, your PCORI Fee filing will be submitted within minutes.
For complete details on the filing deadline, read our blog on the PCORI Fee due date 2025.
WRAP:
Filing your PCORI Fee online through Simple720 is fast, accurate, and IRS-compliant. By following these simple steps, you can ensure a smooth and timely submission. Avoid penalties and stay ahead of deadlines with our easy-to-use platform.
Get started today and make PCORI filing hassle-free with Simple720 PCORI Online Portal