In wake of the U.S. Supreme Court's decision to overturn Roe v Wade, JPMorgan Chase & Co. has announced it will cover travel expenses for U.S. based employees who travel to get an abortion or other medical services, according to a reportby Reuters.

"We're focused on the health and well-being of our employees, and want to ensure equitable access to all benefits," said a bank spokeswoman on Friday.

The bank will cover expenses on travel of more than 50 miles.

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