The U.S. Supreme Court voted 5-4 this morning to exempt Conestoga Wood Specialties, Hobby Lobby and other for-profit companies from being required to provide employees full health care coverage for contraception, including morning-after pills.
Follow-up: Conestoga Wood Specialties' Mennonite owners will have one hour to explain to the Supreme Court on March 25 why their company should be exempted from Obamacare contraception rules.
Copeland Furniture, a 95-employee manufacturer in Bradford, VT, already provides health insurance to its employees. So do 91% of employers with 50-199 workers, according to the Kaiser Foundation. So on Monday, when the Obama administration postponed a requirement for companies with more than 50 employees to offer health care, it did not immediately impact Tim Copeland's business. But the delay in Obamacare "is delaying the ultimate for another 12 months," Copeland told the Wall St. Journal today. Companies his size were given a one year reprieve on having to insure employees, but Copeland Furniture already does so. The family-owned and -operated business got its start making cider presses in the 1970s, moved into butcher-block kitchen furniture and Adirondack-style porch furniture, gradually changing from a one-man operation in an old garage to a state-of-the-art manufacturing facility using a combination of leading-edge computer technology and traditional craftsman technique. Its beautiful designs are a unique take on Arts & Crafts, Mission, Shaker, and Scandinavian movements. What is impacting Copeland Furniture is the rising cost of insurance premiums. . .Copeland Furniture saw a 30% spike in 2012. Tim Copeland told the Journal he may consider eliminating company insurance and begin covering his employees through the Vermont state insurance exchange - if benefits and coverage were comparable to their current program. Paul Downs Cabinetmakers related his insurance in transition story. I suspect there are hundreds if not thousands of wood manufacturing firms affected by the changes in insurance. Let me know about yours.
SOMERSET, NJ – Paul Downs, owner of Paul Downs Cabinetmakers in Bridgeport, PA, and a bloggist for the New York Times, will deliver the opening keynote speech at the 2014 Cabinets & Closets Conference, April 9 at the Hotel Somerset-Bridgewater. The conference precedes the Cabinets & Closets Expo, April 10-11 at the nearby Garden State Convention Center in Somerset. More About Paul Downs: Training a Finishing Hire at Downs Cabinet ShopDowns' Woodshop Healthcare Cost CalculatorCabinetmaker Sees Leap in Custom Wood ProjectsMeet Paul Downs at Cabinets & Closets Expo 2014 Downs started Paul Downs Cabinetmakers in 1986 and has expanded his custom woodworking business four times since, now occupying a 33,000-square-foot space. Last year, the 18-man shop generated $2.3 million in sales. As Downs' company has grown, it also has evolved. The preponderance of his company’s work is now corporate conference tables. His clients range from individuals and small businesses to Fortune 500 companies, all branches of the military and foreign governments. Downs has been a regular contributor to the New York Times since 2010. He writes for the “You’re The Boss: The Art of Running a Small Business” blog that appears in the online edition of the paper. He has published more than 140 posts during that span, most recently writing a series of blogs detailing his company's experience of adapting to the Affordable Care Act, aka Obamacare. For more information about the Cabinets & Closets Conference & Expo (CCCE 2014), contact Rich Christianson, Conference Director, at [email protected]
Cardell Cabinetry’s abrupt closing and lay off of 900 workers happened more than three months ago, but buzz about the San Antonio, TX-based company’s demise lingers.
U.S. Supreme Court Justice Sonia Sotomayer issued a stay on the contraception rule of Obamacare, in a case brought by Colorado nuns. A similar case by Conestoga Wood Specialties' Mennonite owners is expected to be heard by the Supreme Court in March 2014.
Paul Downs Cabinetmakers has insured its 17-employee custom woodshop under the Affordable Care Act. A spreadsheet available free shows how he saves $13,932 with the program, paying a total $59,005 in premiums for 2014.
The U.S. Supreme Court agreed to Conestoga Wood Specialties' request for a review of Obamacare requirements. A lower court ruling requires the wood components business to insure birth control. The Mennonite owners say it violates their religious convictions.
The Affordable Healthcare program had taken a battering in its first few weeks. But for woodworking companies and woodwork entrepreneurs, this could really work out.
The Affordable Healthcare program, Obamacare, got off to a rocky start on technical and political levels. Woodworking companies may benefit from the fixes being made now when insurance exchanges specifically for small business open November 1 - a month late.