Sun Life to Add Medical-Marijuana Coverage to Group Benefits Plans

Sun Life Assurance Co. of Canada will become the first major insurance company to add medical marijuana to its group benefits plans for Canadian companies, a pivotal move in the insurance industry that will help ease the financial burden for medical-marijuana users, and a sign of the growing acceptance of cannabis in the Canadian workplace.

Sun Life Assurance Co. of Canada will become the first major insurance company to add medical marijuana to its group benefits plans for Canadian companies, a pivotal move in the insurance industry that will help ease the financial burden for medical-marijuana users, and a sign of the growing acceptance of cannabis in the Canadian workplace.

“We as a society are starting to see an interesting evolution over time,” said Joan Weir, director, health and disability policy at the Canadian Life and Health Insurance Association. “The number of medical prescriptions that are being issued is growing at a substantial rate for medical cannabis and in turn that means a lot of plan members are now using it … so insurers are also watching this more closely.”

– Read the entire article at The Globe and Mail.