Manulife Adds Gender-Affirmation Benefits for Canada, U.S. Staff
- About 7% of U.S. employers cover gender reassignment surgeries
- Firm expands parental leave policy, adds marijuana coverage
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Manulife Financial Corp. has added gender-affirmation coverage that pays for some surgeries and other treatments for its transgender employees in the U.S. and Canada, putting the insurer in a select group of companies that offer such benefits.
The coverage includes surgeries such as Adam’s apple reductions, cheek or breast augmentation and treatments like voice training, the Toronto-based insurer and wealth manager said Tuesday.