US Politics | HSBC says it will pay for staff to have sex change treatments to ‘be their authentic self’
HSBC says it will pay for staff to have sex change treatments. Bosses want trans and non-binary employees to "be their true authentic self". GettyHSBC says it will pay for staff to have sex change treatments to ...be their authentic self' '/ ' The bank's UK Pride team sent an internal memo this week informing them of its new "gender dysphoria benefit". From the start of next year, HSBC will cover diagnosis, mental health treatments, hormone consultation, speech therapy, hair removal and surgery for workers. The bank defines gender dysphoria "as a person who doesn't align with their biological sex and is a recognised medical condition". Employees, their partners and their children under the age of 21 can apply to have their gender reassignment surgeries paid for by the bank. There are under-18s treatment exclusions. HSBC said: "By providing access to gender affirmation treatment, we hope that our trans and non-binary colleagues and their dependants are able to be their true authentic self." NatWest said in August it would pay for transgender staff to get privately-funded hormone treatment. Since 2017, HSBC has said it requires no proof for customers to change their gender and has included titles Mx, M, Mre and Misc to "reflect the financial needs of the trans community". Most read in The US Sun REAL DEAL I'm a former Lululemon employee – the best dupes for the brand on Amazon NO GO My dad says my outfit is 'inappropriate' but I disagree, people say don't listen OH BABY! Jersey Shore star Mike 'The Situation' & Lauren reveal the gender of second child STILL SEARCHING New bid launched to solve murder of 6-year-old beauty queen JonBenét Ramsey TRAGIC VACATION Cause of death of 3 Americans found dead in Airbnb in Mexico is revealed OH KEN Jeopardy!'s Amy Schneider advances to finals as Ken makes 'hurtful' misruling HSBC said in July it would stop collecting data on the gender of customers as part of plans to be more inclusive for non-binary and trans people. Lloyds changed its employee health insurance plans to include private sex change ops in 2016 — the first British company to do so.
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