Medical Marijuana Can Save You Money on Health Insurance New Study Reveals

A recent study conducted by researchers from Bowling Green State University in Ohio and Illinois State University has shed light on a positive consequence of medical cannabis legalization— reductions in individual health insurance premiums. The researchers found that health insurance premiums for individuals in states with medical cannabis legalization were notably lower compared to states where cannabis remained illegal.

The study’s results highlighted a significant reduction in annual per-enrollee premiums, particularly in states with medical cannabis laws. Starting seven years after the implementation of medical cannabis laws, the researchers estimated an average reduction of approximately $1600 per year in premiums.

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