Marijuana is in your workplace, do you have a policy set up to deal with the use of Marijuana?
CBC has published an article on how Insurance Companies are reimbursing Medical Marijuana through Health & Welfare Trusts. Several people are feeling they are finding relief for a wide range of illnesses and injuries through the use of Medical Marijuana. There are only a couple illnesses that Medical Marijuana has proven to work. These illnesses that are being reimbursed are Multiple Sclerosis (MS) and Chemotherapy patients and some patients in Chronic Pain.
Insurance company actuaries cannot get their head around how to price the risk of medical cannabis, citing the range of products available, the personalized nature of dosing, and the wide range of potential indications as complicating factors.
Benefits Canada talks about Six Practical Considerations.
There doesn’t seem to be a simple solution to Medical Marijuana, however, not dealing with it is not a solution.
Contact Glendinning Insurance Services to start the conversation.