LD 1064 LR 1990(02)
An Act To Require That Health Insurance Policies Cover Medical Marijuana
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Insurance and Financial Services
Fiscal Note Required: Yes
Fiscal Note
Potential future biennium cost increase - All Funds
Fiscal Detail and Notes
The bill requires health insurance contracts executed after January 1, 2019 to provide coverage for marijuana for medical use. The State Employee Health Plan (SEHP) will require no additional appropriations or allocations in the current biennium. Any costs to the SEHP will begin in fiscal year 2019-20. Currently, marijuana is illegal nationwide and is not approved for medical use by the Federal Drug Administration. Thus, there is not ample research or data available to estimate the impact to the state plan in future biennia.