KEY POINTS
  • JPMorgan Chase told workers that it will pay for travel to states that allow legal abortions, according to a memo first obtained by CNBC.
  • In a question-and-answer web page linked to the June 1 memo, the bank directly addressed whether it was covering abortion, as well as out-of-state travel to have the procedure.
  • "Our health care plans have historically covered travel benefits for certain covered services that would require travel," JPMorgan said. "Beginning in July, we will expand this benefit to include all covered services that can only be obtained far from your home, which would include legal abortion."

In this article

JP Morgan CEO Jamie Dimon speaks at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, U.S., November 23, 2021.

JPMorgan Chase, one of the largest employers in the U.S. financial industry, told workers that it will pay for travel to states that allow legal abortions, according to a memo first obtained by CNBC.

The news came as part of an internal communication to employees explaining expanded medical benefits set to begin in July, according to the June 1 memo.

In this article