One in five Medicare recipients currently uses medical marijuana to treat one or more health conditions according to a new MedicarePlans.com survey, released not coincidentally just prior to 4-20, a celebrated date of marijuana enthusiasts.
Sixty-six percent of respondents to the poll believe that Medicare should cover cannabis products and treatments, and nearly 60% of seniors who support health insurance coverage for medical marijuana think it could be more effective when other treatments fail.
The new survey of 1,250 adults aged 65 and older provides insight into the use of medical marijuana among American seniors. The study also highlights opinions about health insurance coverage for cannabis treatments.
Additional reasons why most respondents agree that Medicare should cover cannabis treatments are its non-synthetic or natural compounds, non-addictive properties, and affordability.
Survey results indicate that older adults are seeking marijuana treatment for a broad range of mental and physical conditions. Anxiety, chronic pain, and depression are the top three conditions that users try to remedy with medical marijuana.
Comparatively, 32% of respondents use medical marijuana to treat anxiety, while 31% use it for chronic pain. Forty-eight percent of Medicare recipients say insurance should cover cannabis because it can treat multiple health concerns, including pain and inflammation, appetite loss, and sleep disorders or insomnia.
The study also suggests that Democrats are more likely than Republicans to seek medical treatment using marijuana. Twenty-one percent of respondents, who identify as Democrats, use medical marijuana. In contrast, only 14% of Republican Medicare recipients currently use cannabis remedies.
Conversely, 34% of seniors oppose health insurance coverage for medical marijuana. Among this group, 38% say they fear cannabis prices will increase if insurance and pharmaceutical companies get involved in the distribution of the products. Moreover, 31% of non-supporters say the long-term impacts of using medical marijuana are still unknown. Survey respondents also believe Medicare should not pay for cannabinoid medications because there is limited research into the uses and effectiveness.
To access the complete report, visit https://www.medicareplans.com/1-in-5-medicare-recipients-use-medical-marijuana/.
Survey: Nearly 60% would lie about using marijuana to get better life insurance quotes
New research from Forbes Advisor has discovered that the majority of Americans would lie about using marijuana to obtain better life insurance quotes.
To mark today being 4/20, the life insurance experts surveyed 2,000 people to understand their attitudes towards life insurance and marijuana use. Findings revealed the following:
- The majority of Americans (56%) would lie about using marijuana, to obtain better life insurance quotes. Those living in the Northeast were found to be most likely to disclose the truth (64% of respondents).
- Americans are hesitant to buy life insurance through fear of rejection.
- Half (50%) of Americans are unaware that smoking marijuana can impact your life insurance.
- Reasons marijuana users would be hesitant to apply for life insurance.
For full findings and details on the topic of marijuana and life insurance, you can refer the full findings: https://www.forbes.com/advisor/life-insurance/life-insurance-quotes-marijuana-use/.