What the Hobby Lobby decision might mean for you

(CNN) – A huge victory for conservatives, a kick in the teeth for the President's health care law, and, potentially, a ruling that could have direct, tangible consequences for thousands of women across the work force.

Here's the bottom line from the Supreme Court's decision Monday on the Hobby Lobby case: So-called "closely-held" smaller companies now can not be required under Obamacare to provide insurance coverage for some contraceptives such as the "morning-after pill," if the company's owners feel it violates their religious principles.

But what's to stop a small company from saying they don't approve of premarital sex, so they don't want insurance to pay for prenatal care for unmarried pregnant woman? Or they don't approve of homosexuality therefore they won't want insurance to pay for HIV drugs?

Chief counsel and policy director at the Judicial Crisis Network Carrie Severino, Center for American Progress president Neera Tanden, and CNN senior legal analyst and The New Yorker staff writer Jeffrey Toobin discuss.