PBS is a big one indeed, nice to see Dr Sud all over it :
The majority of Australian private health insurance companies currently don’t cover medical cannabis products as a non-PBS prescription, but some have said they may change tack in the future.
Dr Agarwal revealed Cannvalate is currently in discussions with a large private health insurance company about creating a flat rate funding model, which may involve patients paying a monthly or annual fee to their insurer that includes medicinal cannabis prescriptions.
“That might be the first onset of that insurance-based model. We’ll see if we can deliver it at the price point they want, but all eyes are on that,” he said.
IHL Price at posting:
7.7¢ Sentiment: Buy Disclosure: Held