Life insurance companies discriminate against marijuana users

medical marijuana insurance

A newly published report suggests that insurers require these consumers to pay more for policies. A website that provides consumers with life insurance quotes has now released a new report that suggests that people who use marijuana will usually have to pay more for their policies than people who do not. The report is drawing industry attention from both insurers, agents, and consumers alike. This recent news was published under the title “Marijuana Users Discriminated Against by Life Insurance Companies.” It was released on the LifeAnt website and explained that…

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Medical marijuana bill drops dead despite popularity

medical marijuana autism insurance bill Georgia

The effort for the Georgia bill has now closed despite the fact that both houses had voted in favor. Even though both houses in Georgia had voted in favor of legalizing medical marijuana, the effort died away at midnight on Friday with the close of the legislative session. The issue was in a stalemate in linking the bill with insurance for autistic children. The problem wasn’t that the medical marijuana bill wasn’t adequately supported. It was that the Senate and the House had come to a stalemate over the move…

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Insurance brokers are looking to the marijuana “green rush”

medical marijuana - insurance policy

As a growing number of areas start to legalize medical and even recreational use of cannabis, a new market is growing. Many areas across the United States – as well as in various other parts of the world – there has been a growing momentum on a political and cultural front to legalize both the medicinal and recreational use of marijuana, and insurance brokers are among those who have spotted a considerable change in business that is now on its way. There are a number of opportunities that could rapidly…

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Michigan lawmakers poised to shut insurance loophole concerning medical marijuana

The issue of medical marijuana and how it pertains to insurance has been under debate in Michigan. Lawmakers have previously enacted legislations that freed insurers from paying for medical marijuana, but the same cannot be said for auto insurance companies. It is fairly common for those that have been injured in car accidents to seek medical marijuana as a way to medicate the pain. According to state lawmakers, no insurance coverage was ever meant to accommodate such a treatment and now legislators are looking at new laws that would bar…

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