Health Care Economics Public Policy
The bill I have chosen to examine is bill H. R. 1983: States’ Medical Marijuana Patient Protection Act. This bill was sponsored by Barney Frank from Massachusetts. This bill calls for a rescheduling of marijuana and to defer each states ruling on its’ medical use. This bill would change federal laws to prohibit arrest or harassment of patients prescribed marijuana in any state that the state law allows. There would be minimal cost in implementing this bill as the federal government is spending a large amount of funds to enforce this law as well as hold prisoners in facilities. Currently there is a conflict between some state and federal laws on the subject of medical marijuana. According to PopVox.com there are currently no organizations opposing this bill, while it lists several organizations endorsing it. Currently the organizations endorsing this bill are the National Organization for Reform of Marijuana Laws, Marijuana Policy Project, the Drug Policy Alliance, Americans for Safe Access, Americans For Forfeiture Reform, and WinLiberty.
This bill, in my opinion, will affect the health care economy greatly. If this bill passes it will, in essence, create a new drug for the medical world. Currently, patients that are prescribed marijuana are in danger of getting arrested or harassed by the federal government whether the patients state laws allow it or not. This bill will give power to the state. If this bill passes, it will bring a new drug to the arena of medical drugs without the cost of developing the drug. Most new drugs that enter the market are patented to give incentive to pay high costs for research and development, while marijuana has already been created, researched, and developed. The barrier to entry will be low as marijuana is low in cost to grow and is in high demand. If H.R. 1983 passes, the public living in states that allow medical marijuana will be free of fear of punishment of the federal...
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