A very informative news piece from LifeHealthPro provides an excellent overview of life insurance companies and their current policies regarding offering coverage to cannabis consumers–be them recreational consumers or medical patients:
Ratings for the Marijuana User
Marijuana usage is not viewed as other drugs such as cocaine, for example. Testing positive for THC will not lead to a flat rejection of a life insurance policy. However, the use of this substance can result in receiving a cigarette smoker’s rates, which are substantially higher than those of a non-smoker.
Life insurance classifications for a marijuana user are guidelines and are not set in stone; they can change at any time per the company consideration. Also other health conditions could change consideration.
- American General: Smoking marijuana more than twice monthly could result in the rates of a smoker with the possibility of a table rating. Smoking two times per month will set the rating as a standard non-smoker. Applicants who smoke two times a year or less could be rated as a preferred best non-smoker.
- Banner Life: Applicants could be considered a standard smoker with occasional use. They could be rated as a substandard table B smoker with daily use.
- Columbus Life: Applicants over 25 years old who smoke pot experimentally to intermittently might get standard smoker rates. Moderate use could be a table 2 rating. Heavy use will be declined. Other drug use will also be a factor.
- Fidelity: A standard smoker classification will be given if there is any marijuana use in the past 12 months. However, an applicant be classified as a sub-standard smoker if medical marijuana is prescribed.
- Genworth Financial: Applicants who use marijuana eight times a month or less could be classified as a standard smoker. Users who smoke more than eight times may be considered a sub-standard smoker. Also, this company does not recognize prescription use of marijuana.
- ING Reliastar: If marijuana is prescribed, users could be classified as a Table 4 Smoker. With daily use, they could be classified as a preferred smoker.
- Lincoln Benefit: If a prescription is shown on one’s medical records and usage is stated on the application, applicants could be classified as a non-smoker. Occasional users without a prescription can be classified as a standard smoker.
- Lincoln National: Applicants can use marijuana up to two times per week and be classified as a standard non-smoker. Usage of 3-4 times a week will result in a sub-standard Table B non-smoker rating. Applicants will be declined if they use marijuana more than four times per week.
- Met Life: Applicants who otherwise would merit a preferred plus rating and uses marijuana occasionally (once a month to once a week) could get a preferred plus non-smoker rating. (More than once a week is equivalent to a smoker’s rate.) Daily use could be a table 4 rating. Heavy users could be declined.
- Mutual of Omaha: Applicants will rate as a standard nons-moker with up to weekly use. If lab results indicate more frequent usage, then smoker rates will apply.
- Minnesota Life: Applicants who test positive for THC could be given a smoker table 3 rating. Occasional or recreational users will be given preferred non-smoker rates but will have to test negative for THC.
- North American: Applicants over 25 years old who use marijuana 3-8 times per month could be rated a standard smoker. If they use 8-16 times a month they could be rated as high as a table 2 smoker. More than 16 times a month will be declined.
- Protective Life: Marijuana use could result in a standard smoker rating.
- Prudential Financial: Using marijuana up to two times per month and testing negative for THC will qualify applicants as a standard plus non-smoker. A Table B non-smoker (even with THC positive lab tests) rating will be applied if usage is up to four times per week. Usage over four times weekly will be declined.
- Transamerica - Marijuana smokers could be considered a standard smoker rate class with no other health issues.
Final advice from LifeHealthPro: Applicants who already have a life insurance policy in force may be paying unnecessarily high rates. Each company’s insurance underwriters view the use of marijuana differently. Don’t let your clients pay high life insurance premiums if less expensive alternatives are available.
Read entire article @ LifeHealthPro
The American Civil Liberties Union released a new report affirming NORML’s historic data that minorities are disproportionately arrested (and most certainly prosecuted and, worse, incarcerated) at a rate four times higher than whites for cannabis (based on per capita cannabis use rates).
In some midwest states–like Illinois, Iowa and Minnesota–minorities are arrested at rates eight times higher than whites.
ACLU’s report ‘The War On Marijuana/In Black And White‘ is a fascinating and well researched multimedia presentation about why America’s failed seventy-five year-old social experiment known as ‘Cannabis Prohibition’ must end, and new public policies created that reflect today’s public sentiment in favor of such reforms.
Brookings Institute: Marijuana Policy and Presidential Leadership: How to Avoid a Federal-State Train WreckApril 12, 2013
As previewed last week on NORML’s blog, the Brookings Institute is convening a cannabis policy forum on Monday, April 15.
Excerpts from the Brookings’ press release and description of the issues tackled by Brookings scholar and noted legal writer and commentator Stuart Taylor, Jr. are found below.
Mr. Taylor’s thoughtful and dynamic analysis and policy recommendations are here.
Of equal value and incredibly informative are two accompanying appendixes:
Appendix One: The Obama Administration’s Approach To Medical Marijuana: A Study In Chaos
Appendix Two: Conflicts Of Laws: A Quick Orientation to Marijuana Laws At The Federal Level and CO and WA
Stuart Taylor, Jr. examines how the federal government and the eighteen states (plus the District of Columbia) that have partially legalized medical or recreational marijuana or both since 1996 can be true to their respective laws, and can agree on how to enforce them wisely while avoiding federal-state clashes that would increase confusion and harm communities and consumers.
* * *
This paper seeks to persuade even people who think legalization is a bad idea that the best way to serve the federal interest in protecting public health and safety is not for the federal government to seek an end to state legalization. To the contrary, Taylor asserts, a federal crackdown would backfire by producing an atomized, anarchic, state-legalized but unregulated marijuana market that federal drug enforcers could neither contain nor force the states to contain.
In this broad-ranging primer on the legal challenges surrounding marijuana legalization, Taylor makes the following points:
- The best way to serve the federal interest in protecting public health and safety is for the federal government to stand aside when it comes to legalization at the state-level.
- The federal government should nonetheless use its considerable leverage to ensure that state regulators protect the federal government’s interests in minimizing exports across state lines, sales outside the state-regulated system, sales of unduly large quantities, sales of adulterated products, sales to minors, organized crime involvement, and other abuses.
- Legalizing states, for their part, must provide adequate funding for their regulators as well as clear rules to show that they will be energetic in protecting federal as well as state interests. If that sort of balance is struck, a win-win can be achieved.
- The Obama Administration and legalizing states should take advantage of a provision of the federal Controlled Substances Act (CSA) to hammer out clear, contractual cooperation agreements so that state-regulated marijuana businesses will know what they can and cannot safely do.
- The time for presidential leadership on marijuana policy is now. The CSA also gives the administration ample leverage to insist that the legalizing states take care to protect the federal interests noted above.
Stuart also surveys (1) what legalizing states can and cannot do without violating federal law; (2) the Obama’s administration’s approach to medical marijuana and; (3) current marijuana law at the federal level and in Colorado and Washington State.
The 2012 election is, without a doubt, the most important one yet in the world of marijuana law refom. Three states, Colorado, Washington, and Oregon will be voting to legalize marijuana use by responsible adults and Montana, Arkansas, and Massachusetts, will be voting on medical marijuana issues. These reform efforts, coupled with local ballot measures to decriminalize possession and a presidential election, give us the opportunity to make history this November.
Help us deliver the knock out blow to cannabis prohibition this fall, support the National Organization for the Reform of Marijuana Laws (NORML) in our fight to legalize responsible adult use of marijuana. Join us by donating to our fundraiser on Crowdtilt.com – donate $50, $25, $4.20, $1, whatever you can afford. Since its founding in 1970, NORML has provided a voice in the public policy debate for those Americans who oppose marijuana prohibition and favor an end to the practice of arresting marijuana smokers. Your donation ensures we can continue our mission to end cannabis prohibition once and for all.
Together we can do this. With a little help from our friends, we WILL legalize cannabis.
NOTE: Your card will only be charged if we reach our goal of $4,200 dollars in ten days, if we don’t no one gets charged and we don’t get any donations, so please help with whatever amount you can and share with family and friends!
Read NORML’s 2012 Election Guide, Smoke the Vote, here to learn about all the ways marijuana policy is coming into play during the fall election.
Colorado: Passage Of Marijuana Legalization Measure Would Potentially Yield $60 Million In New Annual Revenue And Savings, Study SaysAugust 20, 2012
The passage and enactment of a statewide marijuana ballot measure this fall could generate as much as $60 million in savings and revenue, according to a just published budgetary analysis prepared by the Colorado Center on Law & Policy.
Amendment 64, The Regulate Marijuana Like Alcohol Act of 2012, allows for the possession of up to one ounce of marijuana and/or the cultivation of up to six cannabis plants by those age 21 and over. Longer-term, the measure seeks to establish regulations governing the commercial production and distribution of marijuana by licensed retail outlets.
Colorado is one of three states (joining Oregon and Washington) where voters this fall will have the opportunity to substantively reform their state’s personal use cannabis laws. Four additional states — Arkansas, Massachusetts, Montana, and North Dakota — may also be voting on medical marijuana proposals in November.
According to the CCLP report, the enactment of Amendment 64 could result in an estimated: $12 million dollars of annual savings in criminal justice costs, $24 million in excise tax revenue; $8.7 million in state sales tax revenue, $14.5 million in local tax revenue, along with the creation of several hundred new jobs.
Their analysis projects that these savings and revenue estimates may double by 2017.
According to an August survey from the firm Public Policy Polling, Coloradoans favor the measure by a margin of 47 percent to 38 percent. Independent voters strongly back the measure (58 percent to 28 percent) and so do Democrats (59 percent to 22 percent). By contrast, on 26 percent of Republican voters said they favored Amendment 64.
A separate Colorado poll by Rasmussen Reports, published in June, found that 61 percent of state voters agree philosophically that cannabis ought to be regulated like alcohol or tobacco.
Full text of the Colorado Center on Law & Policy white paper is available online here. Additional information regarding Amendment 64 and other 2012 statewide ballot initiatives is available at NORML’s ‘Smoke the Vote’ webpage here.