Which of the following companies has recently introduced new insurance benefits that include the LGBT employees?
Current Affairs Quiz
December 2019
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2 years ago
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Who: TCS
What: introduces new insurance benefits that include the LGBT employees
When: published on 7th December 2019
IT giant Tata Consultancy Services (TCS), the largest private sector employer with a strength of over 4 lakh people on its payroll, has tweaked its health insurance policy to cover employees involved in a same-sex relationship. It would perhaps be the first Tata Group company to do so.
In an email update to its employees, TCS announced the new changes which will benefit LGBT (lesbian, gay, bisexual, transgender) employees. The new policy redefines 'spouse' as 'partner', thus broadening the scope to cover same-sex partners.
Some progressive companies have already extended medical cover/family health insurance cover to same sex partners and these include RBS India, Citibank, Capgemini India, among others. Some of these policies are extended to live-in partners as well. TCS global diversity head Preeti D'mello told TOI the new policy was formalized last week. The definition of spouse will now include same-sex partners irrespective of their marital status.
Under the new policy, up to 50% of the cost of sex/gender reassignment surgery (up to a maximum of Rs 2 lakh) will be covered by insurance.
For the complete information kindly visit given link:
https://economictimes.indiatimes.com/magazines/panache/tcs-becomes-first-tata-company-to-extend-medical-cover-benefits-to-lgbt-employees/articleshow/72412611.cms?from=mdr
Posted on 03 Jul 2022, this text provides information on Current Affairs Quiz related to December 2019. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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