A recent report compiled by Quote Wizard by Lending Tree LLC reveals some interesting insight on the healthcare industry – specifically the fact that people who live in states where cannabis is NOT legal tend to shop for health insurance at double the rate of people who live in states where it is legal. Meanwhile, a 2014 study by Health Affairs analyzing Medicaid found that Medicaid prescription drug use reduced in states where pot is legal, concluding that “if all states had had a medical marijuana law by 2014, we estimated that total savings for fee-for-service Medicaid could have been $1.01 billion.”
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