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Supreme Court overturns Roe v. Wade: How some of America's biggest companies are...

 1 year ago
source link: https://finance.yahoo.com/news/corporate-america-responding-roe-v-wade-being-overturned-162515288.html?_tsrc=fin-notif
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Supreme Court votes to overturn Roe v. Wade, reversing federal right to abortion
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Supreme Court overturns Roe v. Wade: How some of America's biggest companies are responding

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The U.S. Supreme Court on Friday overturned Roe v. Wade, a ruling that for nearly 50 years secured the federal right to obtain an abortion. The case also struck down a 1992 case, Planned Parenthood v. Casey, which affirmed the right to obtain an abortion up until about 24 weeks of pregnancy.

Following a rare leak from the Supreme Court last month suggesting Roe v. Wade would be overturned, companies including Tesla (TSLA), Amazon (AMZN), and Apple (AAPL) announced policies that would reimburse employee travel expenses incurred to obtain abortion care barred within their home state.

In response to Friday's ruling, a number of large corporations have newly announced or reiterated support to cover travel costs for U.S. employees seeking abortion services. We've collected many of these responses below, and will update this list as developments warrant.

Lyft (LYFT)

Lyft said it will partner with Planned Parenthood to pilot a Women’s Transportation Access program, a move that follows a $1 million donation to the organization in September. The company also said its U.S. medical benefits plan includes coverage for elective abortion and reimbursement for travel costs if an employee must travel more than 100 miles for an in-network provider.

Disney (DIS)

"We have communicated directly with our employees today that we recognize the impact of the ruling and that we remain committed to providing comprehensive access to quality and affordable care for all of our employees, cast members and their families, including family planning and reproductive care, no matter where they live," a Disney spokesperson told Yahoo Finance. "Disney employees who may be unable to access care in one location have affordable coverage for receiving similar levels of care in another location. This travel benefit covers family planning (including pregnancy-related decisions)."

Mastercard (MA)

A spokesperson for Mastercard confirmed earlier reports to Yahoo Finance that it will fund travel and lodging for employees seeking abortions outside their home states beginning in June.


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