Legitimizing a Medical Marijuana Claim for AB and Tort Funding

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Presentation transcript:

Legitimizing a Medical Marijuana Claim for AB and Tort Funding Steven Smyth Accident Benefits Specialist Oatley Vigmond Bob LaBrecque VP Business Development & Community Partnerships Allevio Healthcare Inc.

Why Medical Marijuana? More patients and healthcare providers are looking to medical marijuana in the management of pain and symptoms Acceptance within the industry in general The use of medical marijuana is becoming more accepted in the medical community as a viable treatment option Currently 140,000 licensed to use medical marijuana with approximately 10,000 new patients being added to the list each month

The Economics of Medical Marijuana Average cost per gram of dry bud can be $6-$18 Average daily dose – Range from 1-4 grams per day Oils are more concentrated and are dosed by ml, not by gram Oils are more expensive per dose but because of the concentrated nature the costs are generally the same over the course of a month

The Importance of Legitimacy Obtaining the proper license Researching proper provider Purchasing from a licensed provider Ensuring compliance with the regulations set out by Health Canada Supportive medical endorsement Coaching strategies Managing prescribed amounts

Appropriate Steps for Getting Medical Marijuana as a Treatment Option for Patients Licensing Compliance with Health Canada Medication management Delivery to patient/client Proper licensed providers vs. illegal dispensaries

How a Client is Likely to Get Approved Accident Benefits Funding Supported medically by a dually qualified and experienced physician Involvement of an experienced and licensed medical marijuana consulting service Impartial Certified cannibas and licenced compliant physician Assistance with the preparation of a treatment plan and support documentation Expedient and efficient – Quick process

Getting Insurers on Board Communication and education Documentation Ongoing updates and monitoring outcomes of the patients Monitoring costs Medical marijuana vs. more toxic or expensive options

Doyon vs. Allstate Dispute resolution Insurer examinations with favourable outcomes in the approval of medical marijuana Increased collateral benefit coverages eg. Private health insurance, WSIB, ODSP

Tort Perspective Validation of medical marijuana prescription needs Quantification and qualification for future care cost assessments

Thank you Bob LaBrecque VP Business Development & Community Partnerships Allevio Healthcare Inc. T:  519-890-9763 bob.labrecque@allevioclinic.com Steven Smyth Accident Benefits Specialist Oatley Vigmond T:  705-719-3963 ssmyth@oatleyvigmond.com