File your PCORI fee the way health insurance carriers actually prefer: online, fast, and without the paperwork headaches.

File hundreds or thousands of PCORI returns faster with Simple720's IRS-authorized platform. Automate fee calculations, upload covered lives in bulk, and stay compliant with confidence.

  • Complete your Form 720 PCORI filing in minutes, not hours
  • File securely through an IRS-authorized e-file platform
  • Reduce data entry errors with built-in calculations
  • Get IRS acknowledgment shortly after you submit
  • Support available if you get stuck along the way
File Your PCORI Fee Online Now
Get Demo
PCORI_Fee_Insurance_Company

What is PCORI Fee Filing for Health Insurance Companies?

The PCORI fee applies to issuers of specified health insurance policies under Internal Revenue Code Section 4375. If your company sells fully insured health coverage, you're responsible for reporting and paying this fee each year.

The fee is reported on IRS Form 720 under IRS No. 133. Even though Form 720 is normally a quarterly form, PCORI is filed once a year, using the second quarter return, due by July 31.

For carriers, this isn't optional. The IRS ties the fee to the average number of lives covered under your policies, and it expects the number to be accurate and well documented.

File PCORI Fee Online

Who Must File the PCORI Fee as a Health Insurance Company?

Health Insurance Issuers
Carriers issuing specified health insurance policies are directly responsible for calculating covered lives, applying the correct rate, and submitting payment by the deadline on Form 720 (Quarter 2) using the applicable PCORI rate published by the IRS for the plan year.
Carriers Offering Specified Health Insurance Policies
If your policies fall under the specified health insurance definition, the fee applies regardless of company size or tax-exempt status, unless the coverage qualifies as an excluded or excepted benefit under IRS rules. Filing accurately protects you from penalty notices later.
Organizations Managing Large Volumes of Covered Lives
Carriers with large books of business face more room for error. A small miscalculation across thousands of covered lives can mean a meaningful gap in what's reported and what's owed under IRS Form 720 PCORI reporting requirements, which require aggregation of covered lives per policy type.
File PCORI Fee Online

Challenges Faced by Health Insurance Companies When Filing PCORI Fees Manually

Covered Life Calculation Complexity
Determining the average number of lives across multiple policies takes time and careful tracking, especially when volumes are high.
High Volume Data Management
Large carriers manage enormous amounts of policyholder data. Keeping it organized for a single annual filing is its own project.
Increased Risk of Filing Errors
Manual entry on paper forms leaves little room for a second check. One transposed number can trigger a notice.
Time-Consuming Compliance Processes
Between calculations, form preparation, and payment coordination, manual filing pulls staff away from other priorities.
Tracking Filing Deadlines
PCORI is easy to miss because it's an annual obligation buried inside a quarterly form. Teams juggling other tax deadlines can lose track of it.
File PCORI Fee Online

Why You Should File PCORI Fees for Health Insurance Companies Online?

1. Faster Filing Process
Guided online forms move you through each field in order, so you're not hunting for instructions mid-filing. Most carriers finish their return in a fraction of the time a paper submission takes.
2. Improved Accuracy
The system calculates your fee once you enter covered lives, so there's no manual math to double-check. That means fewer chances for a typo to turn into a penalty notice.
3. Reduced Administrative Burden
Your compliance team can complete the filing without pulling in extra hands for form prep or mailing logistics. That frees them up for higher-priority work during a busy filing season.
4. Secure Data Handling
Policyholder counts and business information move through encrypted, IRS-authorized channels instead of sitting in a mailed envelope. That matters when you're handling sensitive data at scale.
5. Easier Recordkeeping
A digital filing is easy to pull up if the IRS requests documentation years later. You won't be searching through old file cabinets to prove what you reported.
File PCORI Fee Online

Why File PCORI Fees for Health Insurance Companies With Simple720?

Purpose-Built Form 720 Filing Platform
Simple720 is built around excise tax categories like PCORI, not adapted from a generic tax tool. That focus keeps the filing experience specific to what carriers actually need.
Streamlined Online Experience
A five-step process takes you from account setup to submission without extra screens or confusing detours. You always know what step comes next.
Secure Filing Environment
Simple720 holds SOC 2 certification, meaning your data is handled under strict, independently verified security standards. That's true from the moment you log in to the moment you submit.
Reduced Manual Work
Enter your covered lives and the platform handles the rate lookup and fee calculation for you. There's no separate spreadsheet or worksheet to maintain on the side.
Designed for Compliance Efficiency
A direct connection to the IRS Modernized e-File system means your return moves through processing without the delays tied to paper submissions. You get acknowledgement without waiting on the mail.
Dedicated Filing Support
If something doesn't look right partway through, Simple720's excise tax specialists are available by phone or live chat, Monday through Friday. You're not filing this alone.
File PCORI Fee Online
Testimonial
Testimonials
— J. Matthews, Ohio

Straightforward and Fast
Filing used to eat up an entire afternoon for our team. This time it took less than twenty minutes, and we had confirmation the same day.

— R. Alvarez, Texas

No More Paper Headaches
We switched from mailing in Form 720 to filing online, and the difference in accuracy alone made it worth it.

— T. Nguyen, California

Great Support When We Needed It
Had a question about our covered lives calculation and got a real answer within minutes. Made the whole process less stressful.

File Your PCORI Fee With Confidence

Manual paperwork shouldn't be the thing holding your compliance team back. Get your PCORI fee filed online through Simple720, accurately, securely, and on time, without the usual back and forth. File Your PCORI Fee 2026 Online Today

PCORI Fee Online filing today!
Simple720 Information

Frequently Asked Questions

With Simple720, filing your Form 720 PCORI fee happens online, with calculations built in, data kept secure, and a direct line into the IRS e-file system.

Your EIN and basic business details come first. After that, you'll need the average number of covered lives under your specified health insurance policies for the plan year in question.

Fewer calculation errors, faster processing, and IRS acknowledgment that doesn't take weeks like a mailed return often does.