Why Canadian Insurers Are Wary of Covering Medical Marijuana

Sun Life Financial, Canada’s No. 2 insurer, recently started covering medical marijuana in its Canadian health insurance plan – more than 17 years after the country first legalized it. The coverage, which requires employers to pay a premium, extends only to a handful of conditions as a last resort. “It’s not medical marijuana for any purpose,” said Dave Jones, senior vice-president of group benefits at Sun Life. “It’s for specific conditions and symptoms where the…

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Author: Nichola Saminather, Reuters