Thanks again to Green Shield for publishing a great article on Medical Cannibas (MC).
I am so confused about this drug. If you read the article it will confirm that there doesn’t seem to be enough science behind the drug.
Speaking to one scientist who explained that now that it is legal, they are able to research the drug more extensively. This should be a good thing.
The other area that confuses me, is this is suppose to be a drug with very few side effects. However, is it safer than some of the other prescriptions for sleep, pain, mental health, etc? Keeping this in mind, I have just put an application in for a Life and Critical Illness policy for a client of mine. The applicant mentioned they use CBD with THC for sleep about 5 to 6 times a week.
The Life Insurance is Standard, so there are no exclusions or increased premium. The Critical Illness policy is rated at 75%. Their premium with be 75% higher than the standard healthy person who doesn’t use this drug.
How can this drug have no side effects, and the Insurance Companies are rating the policy so high? I was told that my client should take the offer from the Insurance Company. It is a good offer.
Granted if someone was taking sleeping pills 5 to 6 nights a week, there would probably be a rating. My understanding this is suppose to be a safer option?
I know for me, I can use CBD & THC on the odd occasion for sleep, however if I take it too many nights in a row I become paranoid. Yes, I know it could be the type of THC, dosage, etc. I just prefer to not use it regularly.
The article is mostly about Employee/Employer situations and how is this managed at the work place.
No matter how you look at it, the conversation is not over yet.
If you want to offer Medical Cannibas as an option for your employees through your Employee Benefit Program, please contact Glendinning Insurance Services at 250-764-0142.
Our job is to let you know your choices, your job is to make the decisions that are right for you company and employees.
we are your Trusted Advocates.