Does Legalizing Cannabis Increase or Decrease Health Care Costs in a State? New Study Just Released!
August 19, 2023
Delving into a decade’s worth of private health insurance data sourced from the National Association of Insurance Commissioners, researchers undertook a meticulous analysis of states’ insurance trends before and after implementing medical marijuana laws. The findings revealed a remarkable pattern: states that embraced medical cannabis experienced a noteworthy decline in insurance premiums, painting a compelling picture of how cannabis legalization can contribute to a healthier and more cost-effective healthcare system.