Marijuana and Workers’ Compensation on Industry’s Watch List

By Don Jergler | October 3, 2014

Editor’s Note: This is the third in a series of articles on the the marijuana insurance industry. Upcoming stories will include reports on potential changes to federal laws, and regional reports on how medical marijuana is impacting insurance in states across the nation.

There are some who believe medical marijuana and the workplace are a potent mix just waiting to be stirred as increasingly more states approve the herb and its derivatives for medicinal use.

Not only are states approving the use of medical marijuana at an astounding pace, but at least two state supreme courts – in Colorado and in New Mexico – are taking up questions that center on marijuana and the workplace and workers’ compensation.

Such cases are of particular interest to those watching the workers’ comp space, and it has some wondering whether insurers will start being asked to pay for a substance that the federal government considers illegal.

http://www.insurancejournal.com/news/national/2014/10/03/342650.htm