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Citigroup to Cowl Journey Bills for U.S. Employees Searching for Abortion


March 18, 2022

Citigroup Inc. is beginning to cowl journey prices for U.S.-based workers looking for an abortion as extra states move new abortion restrictions, in accordance with Bloomberg Information.

The coverage covers sure bills, equivalent to airfare and lodging, for workers who should journey out of state to obtain an abortion.

“In response to modifications in reproductive healthcare legal guidelines in sure states within the U.S., starting in 2022 we offer journey advantages to facilitate entry to satisfactory assets,” Citi wrote in a submitting for its shareholders assembly set for April 26.

In Texas, Citigroup has greater than 8,500 workers, Bloomberg reported. Final yr, the state barred abortions after a fetal heartbeat is detected, which may happen round six weeks of being pregnant. Underneath the legislation, personal residents can sue anybody who “aids and abets” an abortion previous the cutoff date, together with medical doctors, clinic employees and individuals who transport a pregnant particular person to and from an abortion clinic.

Earlier this week, the Idaho Home authorised a six-week abortion invoice modeled after the Texas legislation. The Idaho Senate authorised the laws earlier this month, and the invoice now heads to Gov. Brad Little to be signed. The legislation might take impact in April, in accordance with The Washington Submit.

Citi joins a variety of firms which have supplied assets for workers in response to strict abortion legal guidelines, in accordance with Axios. Lyft and Uber have introduced that they are going to cowl authorized charges for drivers sued below the Texas legislation.

Match Group Inc., a Dallas-based firm that owns a number of the greatest courting apps, mentioned it will create a fund to cowl prices for workers and dependents who want to hunt care exterior of Texas, Bloomberg reported. Bumble, primarily based in Austin, has created an analogous fund.

Citigroup’s submitting additionally included updates about different well being and wellness packages. Starting in early 2020, the corporate expanded its paid parental go away coverage for workers to obtain 16 weeks of paid maternity go away or 4 weeks of paid parental go away.

Citi can be broadening its gender affirmation medical protection and incorporating the protection into its fundamental medical plan around the globe.

To fight fatigue, the corporate has launched two completely different sabbatical packages that permit workers to recharge for 12 weeks or volunteer with a charitable establishment for as much as 4 weeks.

“Increasingly more firms are being compelled to take stands on points due to the calls for of some stakeholders that antagonize different stakeholders,” Witold Henisz, director the Political Danger Lab on the College of Pennsylvania’s Wharton College of Enterprise, informed Reuters.“Millennial employees and customers demand that firms take stands and look to CEOs particularly the place the federal government has didn’t act or taken a stand of which they disapprove,” he mentioned. “This can proceed to develop as a strategic problem for firms.”




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