Why Does Health Insurance Reimburse You for Opioids But Not for Medical Marijuana?

The introduction of cannabis on a mainstream level in many states in the US has answered some questions on a medical level. It has also provided help to the economy and other issues in the community. One example is the opioid epidemic that has greatly impacted many, particularly in the…

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Insuring Weed – Inside the Burgeoning World of Cannabis Insurance

The exponential growth of the cannabis industry has opened the eyes of many to the enormous possibilities that can be harnessed in the industry. While some sectors are already yielding maximum returns, some are yet to live up to their potential. One of the sectors of the industry that hasn’t…

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Legal Marijuana States Have 50% Less Health Insurance Applicants Than Non-Legal Cannabis States

How Medicaid Could Have Saved $ 1.01 Billion Over the last few years, the cannabis industry has seen rapid growth in states to authorize the use of cannabis, whether for recreational or medical purposes. But despite this, the states run extremely limited programs on how cannabis can be used while…

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Petition Pushes for National Medical Cannabis Insurance For Canadians

A new healthcare technology company, Cannalogue, is launching a petition in their native land of Canada to get the Ministries of Health on board with providing national healthcare coverage for medical cannabis.  The petition, entitled United for Access, was started because of the financial burden the COVID-19 pandemic has had…

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Should Health Insurance Cover Medical Marijuana?

With the growing acceptance that medical marijuana is gradually receiving in different regions of the world, one can be forgiven for believing that their health insurance covers all of their medical marijuana expenses. Unfortunately, this is not so as health insurance does not cover medical marijuana expenses even when they…

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California cannabis company receives historic $1 million insurance payout following fire

It’s believed to be the largest insurance award ever given to a legal marijuana business. Industry insiders also see the event as another indicator of how rapidly the legal cannabis industry has matured, and how much corporate America’s “take” on cannabis companies has changed. Earlier this month the Santa Barbara…

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Legal marijuana one factor causing Colorado’s rising insurance premiums

Published: Feb 27, 2018, 10:32 am • Updated: Feb 27, 2018, 10:34 am By Aldo Svaldi, The Denver Post Auto insurance premiums in Colorado rose at the third-fastest rate of any state in the country and at more than three times the pace of inflation over the past six years,…

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Insurance company says paying for medical marijuana would be illegal

Published: Sep 13, 2017, 11:35 am • Updated: Sep 13, 2017, 11:35 am By The Associated Press AUGUSTA, Maine — The Maine supreme court is wading into the issue of medical marijuana and workers’ compensation. The court heard arguments Wednesday over whether a paper mill must pay for medical marijuana…

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Workers’ comp insurance firm drops all 7 of Hawaii’s medical marijuana dispensaries over fear of feds

Published: Jun 29, 2017, 12:13 pm • Updated: Jun 29, 2017, 12:21 pm By The Associated Press HONOLULU — Hawaii’s largest workers’ compensation insurer is canceling insurance policies for seven medical marijuana dispensaries preparing to open this summer. Hawaii Employers’ Mutual Insurance Co., citing concerns over criminal liability since the…

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