Having worked as a health insurance actuary, I would like to take this opportunity to give Hobby Lobby the advance notice that their insurance rates will be going up. It costs a lot more to pay for maternity care than for contraceptives. Group health insurance rates are the same for each employee — male or female. Same goes for spouse and family coverage. This spreads the costs out, but means those who don’t need maternity coverage help pay for those who do. Maternity coverage will raise the insurance cost per employee. Hobby Lobby contributes to the cost of their employees’ insurance. This will increase their contributions. Which of course, they will pass on to their shoppers.
Having worked as a health insurance actuary, I would like to take this opportunity to give Hobby Lobby the advance notice that their insurance rates will be going up. It costs a lot more to pay for maternity care than for contraceptives. Group health insurance rates are the same for each employee — male or female. Same goes for spouse and family coverage. This spreads the costs out, but means those who don’t need maternity coverage help pay for those who do. Maternity coverage will raise the insurance cost per employee. Hobby Lobby contributes to the cost of their employees’ insurance. This will increase their contributions. Which of course, they will pass on to their shoppers.