×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: morgan stanley | abortion travel employee benefits | roe v. wade

Morgan Stanley to Cover US Employees' Travel for Abortions

Morgan Stanley to Cover US Employees' Travel for Abortions
Morgan Stanley headquarters, in New York's Times Square (AP)

Monday, 27 June 2022 04:22 PM EDT

Morgan Stanley joined other large U.S. banks, including Goldman Sachs, expanding its healthcare coverage to include travel costs for employees seeking abortion services if they are not locally available, according to a source familiar with the matter.

It is the latest financial company to expand healthcare policies to cover these costs following the Supreme Court's decision Friday to overturn the 1973 Roe v. Wade precedent that had legalized abortion in the United States.

Also Monday, private equity firms Blackstone Inc. and Carlyle Group Inc. said they will reimburse U.S. employees' expenses for traveling out of state to access abortion reproduction care services.

A Blackstone spokesperson confirmed its new policy in a statement to Reuters. Carlyle Chief Executive Kewsong Lee notified staff about the new benefit in a memo on Monday, a spokesperson said.

© 2022 Thomson/Reuters. All rights reserved.


StreetTalk
Morgan Stanley joined other large U.S. banks expanding its healthcare coverage to include travel costs for employees seeking abortion services if they are not locally available, according to a source familiar with the matter.
morgan stanley, abortion travel employee benefits, roe v. wade
133
2022-22-27
Monday, 27 June 2022 04:22 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved