Baron23
Well-Known Member
Study: Medical Marijuana Could Save Medicaid $1 Billion
Marijuana is a drug. This nobody can deny. Look: there it is—marijuana!—on the country’s Controlled Substances Act, the list of America’s most dangerous drugs.
But when they’re not being bad, drugs are also medicine. And, in the 28 states where medical cannabis is legal, so is marijuana. In those 28 states, something interesting happened over the past decade: sick people on Medicaid filled fewer prescriptions—so fewer prescriptions, that if medical marijuana were available in all 50 states, Americans would save more than $1 billion on Medicaid costs, according to a new study.
By now, it’s no secret that cannabis is useful for many of the ailments associated with aging and accompanying serious diseases including chronic pain and cancer (two common ailments for which the typical pharmaceutical cocktail prescribed by a doctor will include some kind of opiate).
Seeking to quantify the extent to which cannabis flower, CBD oil and other medical marijuana preparations may be supplementing or replacing outright prescription pharmaceuticals, researchers from Health Affairs studied prescription data from Medicaid programs in states between 2007 and 2014. And, in five out of the nine clinical categories examined, the authors found fewer prescriptions filled where cannabis was available. Far, far fewer prescriptions.
Specifically, the authors found “a 13 percent reduction for drugs used to treat depression, a 17 percent reduction for those used to treat nausea, 12 percent reductions for those used to treat psychosis and those used to treat seizure disorders, and an 11 percent reduction for drugs used to treat pain.”
“If all states had had a medical marijuana law in 2014, we estimated that total savings for fee-for-service Medicaid could have been $1.01 billion,” the authors wrote. “Our findings suggest that patients and physicians in the community are reacting to the availability of medical marijuana as if it were medicine.” (cont)
Marijuana is a drug. This nobody can deny. Look: there it is—marijuana!—on the country’s Controlled Substances Act, the list of America’s most dangerous drugs.
But when they’re not being bad, drugs are also medicine. And, in the 28 states where medical cannabis is legal, so is marijuana. In those 28 states, something interesting happened over the past decade: sick people on Medicaid filled fewer prescriptions—so fewer prescriptions, that if medical marijuana were available in all 50 states, Americans would save more than $1 billion on Medicaid costs, according to a new study.
By now, it’s no secret that cannabis is useful for many of the ailments associated with aging and accompanying serious diseases including chronic pain and cancer (two common ailments for which the typical pharmaceutical cocktail prescribed by a doctor will include some kind of opiate).
Seeking to quantify the extent to which cannabis flower, CBD oil and other medical marijuana preparations may be supplementing or replacing outright prescription pharmaceuticals, researchers from Health Affairs studied prescription data from Medicaid programs in states between 2007 and 2014. And, in five out of the nine clinical categories examined, the authors found fewer prescriptions filled where cannabis was available. Far, far fewer prescriptions.
Specifically, the authors found “a 13 percent reduction for drugs used to treat depression, a 17 percent reduction for those used to treat nausea, 12 percent reductions for those used to treat psychosis and those used to treat seizure disorders, and an 11 percent reduction for drugs used to treat pain.”
“If all states had had a medical marijuana law in 2014, we estimated that total savings for fee-for-service Medicaid could have been $1.01 billion,” the authors wrote. “Our findings suggest that patients and physicians in the community are reacting to the availability of medical marijuana as if it were medicine.” (cont)