BofA to reimburse gay employees for extra health taxes

[w8liftinglady]

http://www.charlotteobserver.com/2011/10/11/2683441/bank-of-america-to-reimburse-gay.html

Bank of America will soon reimburse gay employees who insure same-sex partners for the extra federal taxes they pay on health coverage.

The program was announced as part of the company's open enrollment for health, medical and dental insurance this month, and will go into effect next year, said company spokeswoman Ferris Morrison.

For heterosexual married couples, employer-paid health benefits for spouses are non-taxable, and employees can use pre-tax dollars to pay premiums. But for gay couples, the benefits are taxable and premiums must be paid with after-tax money.

The Bank of America program will make up that tax difference.

Large companies have long offered coverage to domestic partners. Bank of America has offered the coverage since 1998.

The Human Rights Campaign, a group that advocates for issues important to the lesbian, gay, bisexual and transgender community, reports that the majority of employers with more than 5,000 workers now offer health insurance to employees' same-sex partners.



Read more: http://www.charlotteobserver.com/2011/10/11/2683441/bank-of-america-to-reimburse-gay.html#ixzz1aX1aBCtj

[Firebrand Gary]

1. Fuck you BofA! You should have done this when it was not politically convenient for you!

But now that B of A is going to have a bite taken out of their ass they are attempting to gain every ounce of support that they can. Suck it B of A, we are not buying what you are selling. Fucking jerks!

[MNBrewer]

2. Yeah, guess the needed some good press

[BeeBee]

4. Whether you like BOA or not, they have always been in the

forefront of equality for their gay employees.

[totodeinhere]

5. Their policy toward gay employees is laudable, but that doesn't excuse all of the evil that they

do in other areas. They took a big bailout from the government, then gave their top executives big bonuses. And of course they are going to start charging their customers extra to use their debit cards. So I still hate B of A and advocate that people close their accounts with them.

[closeupready]

7. They were originally based in San Francisco, so that's not such a surprise but

the timing of this surely is suspect, IMO. I am happy for their gay employees, regardless.

[xfundy]

3. Neh. Rather see you brought to your fucking knees.

Still can't make anyone want to pay you assholes more to use their own damn money.

[beyurslf]

6. People (and corps) who are nice to gays can still be evil.

Suck it BOA.