Legalizing medical marijuana reduces the cost of health insurance, according to a new peer-reviewed study.
Titled simply Medical cannabis laws lower individual market health insurance premiums, the study is being published in the September issue of International Journal of Drug Policy, and it was published online ahead of print by the National Library of Medicine. It was conducted by researchers at Bowling Green State University, Illinois State University and Eastern Michigan Green State University.
For the study researchers examined “whether cannabis legalization significantly impacts aggregate health insurer premiums in the individual market.”
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