Money Manulife partnering with Shoppers Drug Mart on medical marijuana coverage

17:07  31 july  2018
17:07  31 july  2018 Source:   cbc.ca

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“To date, coverage of medical marijuana under group insurance plans is extraordinarily rare,” said Manulife spokesperson Anne-Julie Gratton in an interview with the Toronto Star. Last October, Shoppers Drug Mart applied to be a licensed producer of medical cannabis strictly for the purposes

Shoppers Drug Mart is the leader in Canada’s retail drug store marketplace and is the number one provider of pharmacy products & services. Common Medical Problems. Medication FAQs.

a sign on the side of a building: Shoppers Drug Mart's deal with Aurora comes after it recently signed similar deals with licensed medical marijuana producers Aphria, MedReleaf and Tilray.© Graeme Roy/Canadian Press; Ron Ward/Canadian Press Shoppers Drug Mart's deal with Aurora comes after it recently signed similar deals with licensed medical marijuana producers Aphria, MedReleaf and Tilray.

The Manulife Financial insurance company says it will launch the first medical marijuana program in Canada this fall in conjunction with Shoppers Drug Mart.

Manulife says the program will be available as an option for participating group and individual health insurance plans.

Under the partnership, Shoppers Drug Mart pharmacists at an Ontario-based patient care centre will help approved customers navigate the different strains of medical marijuana and the different ways to take it.

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READ MORE: Medical marijuana coverage added to Loblaw, Shoppers Drug Mart staff benefits. Current federal regulations allow licensed producers to distribute medical marijuana direct to consumers by mail.

“To date, coverage of medical marijuana under group insurance plans is extraordinarily rare,” said Manulife spokesperson Anne-Julie Gratton, who Meanwhile a recent Forum Research poll found a majority of Canadians – 61 per cent – are high on Shoppers Drug Mart selling medicinal marijuana

Manulife customers will then be able to choose treatment that is covered under their Manulife plan and receive ongoing case management.

The insurance company — which was already offering medical cannabis coverage to clients on a selective basis — says more details of the program with Shoppers will become available once the program takes effect.

"Manulife's medical marijuana program will ensure people have appropriate advice, make informed decisions and receive the support they need to choose the appropriate strain for their condition," said Donna Carbell, Manulife's senior vice-president of group benefits.

Manulife is the latest Canadian insurance company to continue an industry shift into the medical marijuana sector.

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Shoppers Drug Mart is owned by Loblaw Companies Ltd, Canada’s largest food distributor. The drugstore recently caught attention while headhunting for a medical marijuana brand manager to Marijuana .com informs, engages and grows the cannabis community through coverage of marijuana

"We have applied to be a licensed producer strictly for the purposes of distributing medical marijuana ," Shoppers Drug Mart spokeswoman Tammy Smitham told CBC News in an email Tuesday. "We have no intention of producing medical marijuana

Sun Life Financial Inc., for example, said in February that it was adding medical marijuana coverage as an option for its group benefits plans. Great-West Life Assurance Co. has said it plans to expand its medical marijuana coverage options in its group plans this year.

There were more than 235,000 registered medical marijuana patients across Canada s of the end of September 2017 — the most recent date for which data is available.

Pot-based medical pet products closer to fruition .
Canadian pets are a few steps closer to getting their paws on pot-based medical treatments in Canada as more cannabis companies research marijuana's efficacy for companion animals. Canopy Growth Corp.Canopy Growth Corp. is the latest medical marijuana company to enter the potentially lucrative pet market with its announcement this week that it will embark on a Health Canada-approved clinical trial to research the use of cannabis-based products to treat animal anxiety.

Source: http://ca.pressfrom.com/news/money/-86086-manulife-partnering-with-shoppers-drug-mart-on-medical-marijuana-coverage/

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