Last month, the Supreme Court overturned Roe v. Wade and nearly 50 years of precedent, denying the right to an abortion and leaving it up to the states to decide whether abortion will be legal. More than half of states already have or are poised to ban abortion, often not allowing for abortions in cases of rape, incest, or the health of the patient.
With the fall of Roe and in the absence of a federal statutory right to an abortion, businesses play an increasingly important role in protecting access to reproductive health care for their workers living in states with abortion bans. Major corporations, including Citigroup C, 1.47% and Dick’s Sporting Goods DKS, 5.46%, have committed to covering abortion-related travel expenses for their employees, primarily through their existing employee health plans. Patagonia has even promised to cover bail for employees who are arrested while peacefully protesting for reproductive justice.
The above excerpt was originally published in MarketWatch.
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