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hello and welcome to coastal payroll services webcast on the Patient Protection and Affordable Care Act today well be talking about the notice of exchanges and subsidies effective October first 2013 employers of all sizes will be required to provide the notice of exchanges and subsidies to their employees so today well talk in more detail about what the notice means what should be included in the notice it will also talk a little more detail about the health care exchanges and what they mean to your employees coastal payroll is a leading provider of payroll HR and time and attendance services in Southern California and our ongoing efforts are to understand the Affordable Care Act and all the wide-ranging provisions of the Act to adapt our services to assist in compliance efforts and to ease the administrative burden of complying with the law and to connect our clients through ongoing updates such as this webcast so that we can keep our clients informed about the law and all of the u