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If you are an employer, or know one, that is interested in Health Spending Accounts there are many providers available. In many cases, any unused balance in the HSA at year-end can be carried forward. I do not endorse or recommend any particular provider and this one is merely for illustrative purposes – The Benefits Trust. Olympia Benefits Inc also provides Health Spending Accounts for businesses – they clearly state that their HSA covers the cost of medical marijuana obtained by Licenced Producer by means of prescription.
A great example of a benefits plan that is scheduled to be soon be available for purchase in Canada that covers the cost of medical cannabis is Novus – Read Novus News Release Here.
Novus is our cover company this month with good reason! I would encourage contacting Novus to get on their wait list for more information as it becomes available. The cost of premiums for medical insurance coverage is an eligible medical tax expense.
Click here to jump to Novus' feature
For many people, the “math” of it is overwhelming and confusing thereby allowing the promoters of a continued black market to cloud the true effective cost of cannabis to the end user and to the medical patient in particular.
If you have done so yet, you may want to consider signing the nationwide petition to stop the tax on Medical Marijuana obtained from Health Canada Licensed Producers.
CLICK HERE TO SIGN PETITION