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Traveling has become rather cost-effective. It's alright if it gets covered but what really should get covered is the time it takes to travel. I live relatively close to work, but if I went to office that's an extra 1-2 hours a day I spend specifically for work purposes. The cost of time, at least for me, is significantly higher than the actual cost of travel.
It seems like some people are finally starting to wise up to the fact that work begins not when you arrive at the workplace, but the moment you stop doing what you want to do and start doing what you have to do in order to perform the job. That means it starts before you walk out the door, as soon as you start 'getting ready for work'.
The simplest metric is this: would you be doing it if you were on vacation/weren't working? If yes, then it's not work. If no, then it's work.
This is how those "I work 12 hour days" CEOs used to do the math too. Only fair in my eyes.