CBD Guide
  • Home
  • Education
  • Guides
  • Reviews
  • News
No Result
View All Result
  • Home
  • Education
  • Guides
  • Reviews
  • News
No Result
View All Result
CBD Guide
No Result
View All Result
Home Learn About CBD

Workers’ Compensation Claims Decline In States With Medical Marijuana, Study Shows

Jean Martinez by Jean Martinez
April 1, 2020
in Learn About CBD, News
0 0
0
Workers’ Compensation Claims Decline In States With Medical Marijuana, Study Shows
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

Legalizing medical marijuana leads to fewer and cheaper workers’ compensation claims, according to a new study.

Researchers from the University of Cincinnati Ash Blue College and Temple University concluded that permitting medical cannabis “can allow workers to better manage symptoms associated with workplace injuries and illnesses and, in turn, reduce need for [workers’ compensation].”

The first-of-its-kind research, published last week in the academic journal Health Economics, shows a 6.7 percent decline in such claims in states after enacting medical marijuana laws.

“Our estimates show that, post [medical marijuana law], [workers’ compensation] claiming declines, both the propensity to claim and the level of income from WC.”

By analyzing survey data, which featured annual interviews from 150,000 U.S. residents aged 15 or older spanning from 1989 to 2012, the authors describe the effects as “quite modest in size,” finding a 0.1 percent drop in “propensity to claim” and a 0.8 percent reduction in the monetary amount of claims when medical marijuana was available. The authors concluded that the result “may not reflect economically significant changes” despite the results being “statistically significant.”

“These findings offer suggestive evidence that, post [medical marijuana law], workers use marijuana medically to treat symptoms associated with work-related injuries and illnesses and that marijuana is effective in reducing symptom burden associated with these ailments.”

Additionally, the study reports other positive effects that expanding access to medical cannabis can have in the workplace, including increasing “work capacity among older adults, reduce work absences, improve workplace safety, and reduce [workers’ compensation] claiming and the pain and suffering associated with workplace injuries.”

The researchers wrote the study adds to the small, but steady, growing body of research observing the impacts medical marijuana laws have on labor markets. Other research points to the economic power cannabis access can have on business. One recent study found that “a multitude of positive effects” on firms headquartered in states that have medical marijuana laws on the books.

When it comes to worker health, other studies have pointed to the effects that marijuana has on people living with chronic pain and other ailments that cannabis has been shown to help. And according to similar research, people are using cannabis to replace potentially lethal opioid prescriptions.

Another study found that workplace deaths reduced by 34 percent five years after a state legalized medical marijuana, suggesting easier access could be beneficial in lowering fatal workplace incidents.

The post Workers’ Compensation Claims Decline In States With Medical Marijuana, Study Shows appeared first on Marijuana Moment.

This content has been curated and re-published from MarijuanaMoment.net. Please click the link below to view this content from the original source.

Original Source: Workers’ Compensation Claims Decline In States With Medical Marijuana, Study Shows

Content Credits: Originally written by Matt Saintsing and published to MarijuanaMoment.net on 2020-02-12 15:18:23.

Tags: ResearchScience
Previous Post

Idaho House Committee Blocks Hemp Legalization Bill

Next Post

Hemp Businesses Eligible for Coronavirus Stimulus Package

Related Posts

Wyoming Tribe Moves Toward Hemp and Medical Cannabis Legalization
News

Wyoming Tribe Moves Toward Hemp and Medical Cannabis Legalization

August 31, 2020
Oklahoma to Revoke Testing Lab’s License Amid Scandal
News

Oklahoma to Revoke Testing Lab’s License Amid Scandal

August 30, 2020
Hemp-Based Burger Announced by Fake Meat Startup
News

Hemp-Based Burger Announced by Fake Meat Startup

August 29, 2020
Florida Adds Edibles to Medical Cannabis Program
News

Florida Adds Edibles to Medical Cannabis Program

August 28, 2020
Most Legal Marijuana States Had Fewer Vaping-Related Lung Injuries, Study Finds
Learn About CBD

Most Legal Marijuana States Had Fewer Vaping-Related Lung Injuries, Study Finds

August 27, 2020
Mitch McConnell Recommends Hemp-Based Face Masks
News

Mitch McConnell Recommends Hemp-Based Face Masks

August 27, 2020
Next Post
Hemp Businesses Eligible for Coronavirus Stimulus Package

Hemp Businesses Eligible for Coronavirus Stimulus Package

Subscribe
Login
Notify of
guest
guest
0 Comments
Inline Feedbacks
View all comments

Recent Posts

  • Wyoming Tribe Moves Toward Hemp and Medical Cannabis Legalization
  • Oklahoma to Revoke Testing Lab’s License Amid Scandal
  • Hemp-Based Burger Announced by Fake Meat Startup
  • Florida Adds Edibles to Medical Cannabis Program
  • Most Legal Marijuana States Had Fewer Vaping-Related Lung Injuries, Study Finds

Recent Comments

  • Jean Martinez on Colorado Gov. Signs Cannabis Social Equity Bill
  • kiran on Colorado Gov. Signs Cannabis Social Equity Bill

Archives

  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
CBD Guide

© 2020 CBDGuide.io, All Rights Reserved.

Site Navigation

  • Affiliate Disclaimer
  • Privacy Policy
  • Terms of Use
  • Contact us

Follow Us

No Result
View All Result
  • Home
  • Education
  • Guides
  • Reviews
  • News

© 2020 CBDGuide.io, All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
0
0
Would love your thoughts, please comment.x
()
x
| Reply