Barclays to Reimburse Same-Sex Couples for Health Insurance Costs

British-based Barclays has announced that it will “gross up” pay of U.S. employees to help off-set the extra taxes paid by employees whose health insurance covers a same-sex partner.  Under federal law, the value of insurance coverage for people other than spouses or dependents is included in income.  (Remember, federal law does not recognize same-sex marriage, so a same-sex spouse is not considered a “spouse” for federal purposes.)

According to the New York Times, Cisco, Google, The Kimpton Hotels, and The Gates Foundation also provide similar reimbursement programs for employees in same-sex relationships.

Read more at the Times and at Bloomberg.