September 18, 2020

Bucks: More Employers Equalize Health Benefits for Gay Workers

This week’s Your Money column looks at the growing number of companies that have decided to equalize the cost of health benefits for their gay employees.

Why is that even necessary? While many big companies offer health coverage for domestic partners, employees must pay taxes on the value of those benefits because the federal government doesn’t recognize their unions.

Over the last year, more companies have begun to shoulder these costs for their same-sex employees. Other companies, including Goldman Sachs and Morgan Stanley, are reviewing their current policy. I’ve also heard that Zynga is considering it.

We’ve been keeping tabs on who is doing what on this chart. We’d like to continue to heap praise on the companies that are adopting this generous policy, so please let us know of any others that do. You can e-mail me through my page on this Web site, or drop the names in the comment section below.

What other benefits would you like to see employers adopt for its gay, lesbian, bisexual and transgender employees?

Article source: http://feeds.nytimes.com/click.phdo?i=e4b74d0af728451c766e0464b67fc1b4

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