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The PCORI fee must be reported each year on IRS Form 720 for the second quarter of the calendar year and can be paid electronically or...

New form here: https://www.irs.gov/pub/irs-pdf/f720.pdf

An option called a “cash in lieu” plan (sometimes called an opt-out or cash-out) can be a possible solution for employers. With a cash-out, the employer can only give them a taxable cash incentive to take other coverage. This can only be done through a cafeteria plan where the employee either enrolls in tax-free benefits or receives taxable compensation. Thus, if the employer wants to offer taxable cash to those who waive coverage, they’ll need to amend the cafeteria plan doc