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5/1/2015 1 Affordable Care Act Update AAS BO CONFERENCE BREAKOUT SESSION SONJA PEASANTS MAY 6, 2015 2 Affordable Care Act Employer Notice of State Insurance Exchanges and Premium Tax Credits New hires

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What is 51 1 affordable care?

51 1 affordable care refers to the health coverage reporting requirements under the Affordable Care Act.

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Employers with 50 or more full-time employees or full-time equivalents are required to file 51 1 affordable care.

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Employers can fill out 51 1 affordable care by providing information about the health coverage offered to employees.

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The purpose of 51 1 affordable care is to ensure compliance with the Affordable Care Act and provide information about health coverage to employees and the IRS.

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Information such as the names of employees, their dependents, and the health coverage options offered must be reported on 51 1 affordable care.

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