Leafwell Explores Health Premium Savings in U.S. Medical Cannabis States

Saturday, 28 September 2024, 04:19

Leafwell reports that U.S. companies operating in medical cannabis states experience significant savings on health premiums. Specifically, companies report a 3.4% reduction in costs for individual coverage plans compared to markets that prohibit medical cannabis. This translates to an average savings of $238 per employee.
Forbes
Leafwell Explores Health Premium Savings in U.S. Medical Cannabis States

Leafwell's Findings on Health Premiums in Medical Cannabis States

Recent research from Leafwell highlights the potential benefits for U.S. companies that operate in medical cannabis states. According to the study:

Key Findings

  • Health premium costs were lower for companies in states where medical cannabis is legal.
  • The average reduction in premium costs was 3.4% for individual coverage plans.
  • On average, this resulted in a savings of $238 per employee.

These findings suggest a positive correlation between medical cannabis legislation and reduced health insurance costs for employers.

Conclusion on Medical Cannabis Impact

As more states adopt medical cannabis laws, companies may find financial relief and improved workforce wellness outcomes. For further details, interested parties should visit Leafwell’s website.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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