A third of Fortune 500 companies now cover transgender health care
more good newsA third of Fortune 500 companies now cover transgender health care
A new report highlights dramatic changes in how corporations treat trans employees.The number of Fortune 500 companies willing pay for sex reassignment surgeries has gone from zero in 2002 to 169 this year, according to a new report from the Human Rights Campaign.The report, which ranks corporations on their treatment of gay, lesbian, bisexual and trans employees, also found that more than half of corporations with more than 500 employees that participated in the survey now cover the procedures. That’s 418 firms.Some of the biggest names in corporate America are among those who have signed up to cover the procedures, at up to $75,000 per employee. Facebook Inc., Visa, Starbucks Corp., CVS Health Corp. and Anheuser-Busch Companies Inc. are just some of the firms that decided this year to begin covering the procedures for their workers for the first time.
While the vast majority of Fortune 500 companies now have nondiscrimination policies that explicitly protect employees from being fired for their gender identity or orientation, companies have moved much more slowly when it comes to covering transgender health care. The vast majority of health insurance plans explicitly ban the coverage of any transition-related care, grouping those procedures with elective cosmetic surgery. This has slowly begun to change as mainstream medical organizations, including the American Medical Association, have announced new positions in recent years stating that sex reassignment surgery is not elective for some transgender people. (The American Medical Association said in 2008 that “gender dysphoria” is a “serious medical condition” that can result in “suicidality and death” without proper treatment.)
slowly but surely equality is winning and human beings are getting the treatment they deserve and have a right too.
I still find it amazing that I get to witness these victories first hand, from equal rights on SSM sweeping across the nation with final victories near to most large cities and corporations already protecting the equal rights of sexual orientation. Its sad that it took till 2014 for many of these people and companies to care about equal rights but as along as we are on the road to fix and right this wrong things are looking great!