Hobby Lobby Lawsuit: Craft Store Avoids Obamacare Fines

By Monday, Hobby Lobby should have racked up around $20 million in fines from the IRS since they are not complying with Obamacare, also known as the Affordable Care Act, due to religious objections. $1.3 million per day fines began on January 1, 2013, for companies not adhering to the mandate, but it seems that the company has found a tax loophole to avoid the fines.

Peter M. Dobelbower, general counsel for Hobby Lobby Stores, Inc. said in a statement: "Hobby Lobby discovered a way to shift the plan year for its employee health insurance, thus postponing the effective date of the mandate for several months."

The company also discussed their religious beliefs against abortion as the foundation for their claims, making a reference to controversial "morning after" pills, such as Plan B.

"Hobby Lobby does not provide coverage for abortion-inducing drugs in its health care plan. Hobby Lobby will continue to vigorously defend its religious liberty and oppose the mandate and any penalties."

According to CNN, the Oklahoma City-based Hobby Lobby chain has more than 500 stores that employ 13,000 employees across 42 states, and takes in $2.6 billion in sales.

In related news, I will be shopping elsewhere the next time I want to make an "I love Obamacare" decorative pillow.

An earlier version of this article originally appeared on Generation Why?