Starbucks Includes Abortion Travel Coverage To US Health Benefits: Reuters

by Shivani Kumaresan, Benzinga Staff Writer

May 16, 2022 2:20 PM | 1 min read | Make a Comment

Starbucks Corp SBUX will reimburse U.S. employees if they must travel more than 100 miles from their homes to obtain an abortion, Reuters reported.
The decision was communicated by the company through a memo to its employees.
The coffee chain joins the likes of Amazon.Com, Inc. AMZN and Microsoft Corp MSFT to offer the benefit.
The issue gained urgency after a leaked draft opinion from the U.S. Supreme Court showing that a conservative majority of justices supported overturning the Roe v. Wade decision that legalized abortion, the report specified.
The benefit also applies to the dependents of employees, Reuters report cited the memo.
Price Action: SBUX shares are trading lower by 3.49% at $72.98 on the last check Monday.
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