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JPMorgan Chase to Pay for Employees to Travel for Abortions

JPMorgan Chase (NYSE: JPM) has disclosed that it will pay out for workers’ travel fees to states that enable legal abortions, according to a business memo. The go was introduced in advance of Friday’s Supreme Court docket ruling overturning Roe vs. Wade, which experienced legalized abortion nationwide.

“Effective in July, you will be equipped to accessibility more coated rewards less than the U.S. Medical Prepare,” the New York-centered bank advised workers. These modifications contain “family-making gains, this kind of as cryopreservation,” and enhanced benefits for LGBT+ workers, the lender reported.

“We will also extend our existing overall health care vacation benefit, which nowadays handles sure providers these kinds of as organ transplants, to all protected well being treatment products and services that can only be obtained much from your dwelling,” JPMorgan advised its team.

The memo highlights a backlink to a internet site that solutions frequently requested questions. One particular of the quotations reads,  “Will you spend for an staff to vacation to a different condition to find an abortion if their condition will not allow them to get one?” 

“Yes. Our wellbeing care strategies have traditionally protected journey benefits for specified lined providers that would involve vacation,” JPMorgan explained. “Beginning in July, we will extend this advantage to contain all lined providers that can only be acquired far from your house, which would include legal abortion.”

Similarly, other providers these as Disney have also taken the initiative to pay out for employees’ abortion travel expenditures. JPMorgan reiterated that abortions have extensive been covered by the company’s well being strategy.