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health insurance quotes , Sydney health insurance , individual health insurance , group health insurance
health insurance quotes , Sydney health insurance , individual health insurance , group health insurance
health insurance quotes , Sydney health insurance , individual health insurance , group health insurance
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> Get FREE Sydney Health Insurance Quotes:
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Does Medical Insurance Cover CBD Oil Treatments

CBD Oil Treatment Insurance

The use of medical marijuana products like CBD oil is spiraling in popularity all over the United States. Based on studies, 90% of those who use medical marijuana claim to have acquired positive results while 80% of doctors support the use of CBD oils and other medical marijuana products. Though this is the case, CBD oils and other products extracted from marijuana are yet to get federal approval.

What Truly Is CBD Oil

CBD is one of the compounds of marijuana. It is the natural extract from the cannabis plant which, when combined with ingredients like coconut or olive oil, make CBD oil. CBD is a non-psychoactive compound so it does not make you high.  CBD oil is essentially extracted from hemp rather than marijuana itself.  Hemp is quite different from marijuana in that it does not affect the functionality of the brain cells.

Studies and researches have already confirmed CBD oil to have extensive medical benefits. It is widely recommended for patients with inflammation and pain problems. In fact, it is approved in some states in the US. This does not mean, however, that it is already cleared as a prescription med for use in treatments.

CBD Oil and Insurance Coverage

With a huge number of studies backing the use of CBD oil for medical treatments, some states all over the United States have already approved its use while some states are yet to legalize its use.  Regardless of the legalization status of CBD oil, the big concern among most people is the issue of insurance coverage. Only a few insurance companies cover CBD oil use in their medical insurance coverage.  The biggest problem is that the premiums are extremely high and not many people can afford them.

Unfortunately, almost 99% of insurance companies do not cover CBD oils. This is based on the fact that CBD oil is a product of marijuana so it is categorized as one of the Schedule 1 controlled substances at the federal level.  Drugs and substances that are classified as Schedule 1 are considered illegal due to serious concerns on safety, the increased potential for abuse, and supposed non-medical use.   That said, even in the states that have approved the medical use of CBD oils, people have to use their out-of-pocket money to pay for the medication.

When deciding which drugs to add to their medical cover, most insurance companies only settle for medications that are clinically researched and clinically approved. Even with the extensive researches and scientific narratives recommending the use of CBD oil for treating different health conditions, there are no rigid clinical reports to support these claims.

Likewise, CBD oil is not FDA approved either, which means that its efficacy is still undergoing testing. It is good to get your facts right before you go ahead to buy a medical insurance policy. While it is already confirmed that most insurance companies do not offer coverage for CBD oil, you may be surprised to realize that your insurance company offers insurance coverage for CBD oil. Just do not be in a hurry to make your decision when choosing an insurance company. Conduct a thorough and extensive research to find the perfect insurance company for you.  And, do not hesitate to make inquiries about the drugs the insurance company covers on their medical insurance policy.

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INDIVIDUAL HEALTH INSURANCE
Family Health Insurance
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SSIS offers FREE Sydney individual health insurance quotes for individual health insurance plans and family health insurance plans. We will research the most affordable health insurance plan or affordable dental plans for you and your family.

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GROUP HEALTH INSURANCE
Employee Benefits
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SSIS offers group health insurance quotes for group health insurance and employee benefits plans. We are able to quickly research the best and most affordable group health insurance plan and affordable dental plans to fit any sized employee group or any budget from only the highest rated insurance carriers.

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GOOD KARMA PROGRAM
We Donate 1%
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"Karma" means "Action". To express our commitment to our social and environmental concerns, SSIS's Good Karma Program donates 1% of Sydney health insurance premiums to progressive causes. Donations are made on both individual health insurance and group health insurance policies.

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Good Karma Program - Find out more!
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SSIS offers the most affordable Sydney health insurance quotes. Other agencies accomplish this by offering their clients "cheap" or "discount" health plans from poorly rated or unlicensed carriers that offer mediocre group and individual health insurance coverage. SSIS takes all the time necessary to properly research the most affordable group health insurance and individual health insurance plans specifically customized to your unique needs and budget.
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After you receive your free online Sydney health insurance quote, an Account Representative will contact you to discuss and customize your group health insurance and individual health insurance quotes.
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Individual Health Insurance Quotes
Group Health Insurance Quotes
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