Manulife Financial Corp., one of Canada's biggest insurers, offers
medical cannabis coverage to clients on a selective basis, a spokesperson said.
Starting March 1, plan sponsors with Sun Life will have the option to add
medical cannabis coverage to extended health - care plans, ranging from $ 1,500 to $ 6,000 per covered person per year.
Not exact matches
«Although there may not be immediate benefit for patients as specific plan sponsors will need to purchase the
coverage, this move will make covering
medical cannabis simpler than today's exception process and speaks volumes to the broader acceptance and legitimacy of
medical cannabis,» he said.
The benefits provider denied
coverage because the plan wording excluded drugs Health Canada hasn't approved (which includes
medical cannabis).
The insured applied for
coverage of the
medical cannabis under his health benefits plan.
Put succinctly, the Board was required to determine whether the Plan's exclusion of
coverage for
medical cannabis coupled with the Trustees» refusal to exercise their discretion to extend
coverage to
medical cannabis amounted to violation of the Act.
On three separate occasions in May and June of 2014, Wayne requested consideration for
coverage from the Trustees for his
medical cannabis expenses.
There are commercial auto
coverages specifically for
medical cannabis businesses.