(Bloomberg) — U.S companies are swiftly adding health insurance benefits for employees who want to transition to another gender, a fairly inexpensive way to show they're serious about a diverse workforce because so few people actually use them.

More than 415 of about 780 firms surveyed for their friendliness toward lesbian, gay, bisexual and transgender workers now cover related procedures, including hormone therapy and sex-reassignment surgeries, according to the Human Rights Campaign.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.