Atomic Bob's Stock Forum - The Golden Thread

Requiring family-owned corporations to pay for insurance coverage for contraception violated a federal law protecting religious freedom, the Supreme Court ruled in a 5 to 4 decision on Monday.

The decision, which applied to two companies owned by Christian families, opened the door to challenges from other corporations to many laws that may be said to violate their religious liberty.

The coverage requirement was put in place under President Obamaâ€™s Affordable Care Act. It was challenged by two corporations whose owners say they try to run their businesses on religious principles: Hobby Lobby, a chain of crafts stores, and Conestoga Wood Specialties, which makes wood cabinets.

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