Canadian medical health insurance business Sun lifetime now covers medical cannabis in team benefits plans
Major Canadian medical insurance business Sun Life Assurance Co. of Canada is now providing coverage that is optional medical cannabis. Beginning this thirty days, the insurer that is toronto-based enabling organizations to include a medical cannabis choice in its group benefits plans.
Sun Life Assurance, which runs through Sun lifestyle Financial Canada, is the very first insurance that is canadian to supply an extended-health care plan which includes optional cannabis that are medical.
Sun Life supplies group dental and health advantages to around 22,000 Companies in the nationa nation — or 3 million workers plus their own families. This means one in every six Canadians.
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Sun lifetime stated in a pr release that its maximum coverage that is annual from C$1,500 to C$6,000 per 12 months per person and therefore it relates to medicinal cannabis this is certainly dispensed according to government laws. What’s more, plan users, in addition to their dependents, will need to satisfy criteria that are clinical will need to go through the approval procedure.
“Because this really is a thing that our consumers were constantly Requesting, we have reviewed and evaluated it, and therefore are now providing it as a plan benefit for medical purposes.” – Dave Jones, senior VP of group advantages at Sun Lifetime