The U.S. Supreme Court’s 5-4 decision in Burwell v. Hobby Lobby Stores, Inc. was announced yesterday. The Court held that the Affordable Care Act (the “Act”), which requires employers to provide their female employees with no-cost access to contraceptives, violated the Religious Freedom Restoration Act as applied to certain employer-provided health plans. Importantly, the Court limited its ruling to closely-held corporations (under IRS rules, a corporation that is controlled by five or fewer individuals) with sincerely held religious beliefs relating to contraceptives.