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Study: Nationwide MMJ Program Would Save More Than $1B in Tax Money | Cannabis Business Times

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Study: Nationwide MMJ Program Would Save More Than $1B in Tax Money


DENVER – A new study says that a nationwide rollout of medical marijuana would save taxpayers close to $1.1 billion each year on Medicaid prescriptions because medical marijuana use correlates with a decline in prescription drug usage.

The study, published this week in Health Affairs, looked at Medicaid – the country’s health care program for low-income people and not Medicare, the health system for elderly Americans.

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It found that in states with legal medical marijuana programs, the number of prescriptions through Medicaid written and filled for certain types of drugs fell significantly.

The researchers saw an 11 percent drop in the prescription of painkillers, which include opioids – often blamed for the ongoing opioid and heroin epidemic currently plaguing the U.S.'

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