New Corporate Perks: Sex changes are on us
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- laravan5
- added this
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more from Culture:
http://money.cnn.com/2008/02/08/news/companies/gender.fortune/?postve...
Bankers and traders are infamously known for enjoying big time cash bonuses, but now a new perk at big banks like Goldman Sachs, Bank of America, Wachovia and Deutsche Bank is changing the way some may regard an industry hard hit by the subprime mortgage debacle.According to a side bar article by Fortune Magazine, Goldman Sachs added coverage of sex-reassignment surgery to its medical plan last year. Goldman employees can undergo the procedure, which normally costs anywhere from $5,000 to $150,000, and have it paid for entirely by their medical insurance.
Not only does it shed light on why the company's ranking in Fortune’s list of the 100 best companies to work for in the United States has gone up significantly, but it also suggests a striking move to attract and retain a more diverse workforce.
A recent survey of more than 1,000 employers conducted by the Human Rights Campaign found that many banks, law firms and other large companies have added at least partial coverage of transgender treatments to their medical plans.
This certainly signals a win for the transgender community, but does it also open the door for other kinds of "perks" we might see in the future such such as covering the medical cost breast implants?
Give us your opinion.
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jubal
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Don't some gender reassigned individuals also need breast implants?
- 2 years ago
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jubal
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sgwhites
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Equating gender reassignment surgery and breast implants is comparing apples and oranges. To many people who are transgendered, gender reassignment surgery is medically necessary for them to feel comfortable in their own bodies (though, of course, there are also many transgendered people who elect not to have surgery for many reasons; this should in no way indicate that either decision is more authentic). The goal of this surgery is not cosmetic, but rather to bring someone's physical body in line with their gender identity.
Breast implants, on the other hand, are cosmetic surgery. Women who don't have implants are still perceived (both by themselves and as others) as women. They are done simply on a basis of looks.*
*I'm excluding reconstructive surgery here, because that, for the most part, is factored into insurance differently than implants done for cosmetic reasons, at least as far as I know.
- 2 years ago
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sgwhites
