A groundbreaking approach to treating the ailments of aging
Advancing cannabinoid-based therapies (CBTs) for our country’s most vulnerable population.
Reimagine Aging
CBTs can help reduce prescription drug use
4 out of 10 adults 65+ take five or more prescription medications each day
Research has shown that adding Oncuity CBTs to a patient’s treatment plan can reduce dependence on high-risk pharmaceuticals by 50%. [1]
Aging Americans can save in prescription drug expenses
Older adults pay for more than half of prescription drugs out-of-pocket
All Adults 18+ pay 48%
Adults age 65 to 79 pay 56%
Adults age 80+ pay 67%
CBTs cost nearly five times less than traditional medications
$3,000 per year on traditional prescription medication
$650 per year on Medical Cannabis [5]
CBTs alleviate the ailments of aging
90% of healthcare costs happen in the last 10 years of life due to the common ailments of aging: pain, sleep disorders, anxiety, depression. wasting and dementia
Cannabinoid-based therapies are 80-90% effective at relieving the challenges that come with aging, including chronic pain, sleep issues, and anxiety [6]
Providers can recommend CBTs with confidence
58% of physicians believe it’s a legitimate medical therapy for terminal illnesses, untreatable pain, and cancer symptoms [2]
50% of primary care doctors working at the Mayo Clinic said they weren’t prepared to answer patients’ questions about medical marijuana [3]
Oncuity’s Living Lab is solving this problem by defining treatment protocols, studying drug interactions, and learning how CBTs affect older adults.
CBTs can save billions in healthcare costs
$152B was spent by Medicare Part D on prescription drug claims in 2017.
Once states implemented cannabis laws, national Medicare and Medicaid enrollee spending decreased by $1.17B. [4]
The time is now to help our most vulnerable population
By making cannabinoid-based therapies safer and more accessible, we can save lives, billions of dollars in healthcare costs, and help adults 65+ age more comfortably.
Americans turn 65 every day
Seniors will make up 20% of the population by 2030, soon to be the largest age group in the country (currently 17%)
44M Medicare Enrollees in 2020, expected to reach 79M by 2030
10-15%
Yearly increase in cannabis usage 65+
10-15% Yearly increase in Cannabis usage among adults 65+
69%
69% of physicians believe that CBD is a good treatment option for their patients
$60B
Cost Of CBTs Is Lower Than Traditional Meds
(Average spending, Adults 65+)
44% are willing to try cannabis with doctor’s approval.
4 out of 5 support the use of medical cannabis.
3 out of 5 believe cannabis should be fully legalized.
- 44%
- 80%
- 60%
44% are willing to try cannabis with doctor’s approval.
- 44%
4 out of 5 support the use of medical cannabis.
- 80%
3 out of 5 believe cannabis should be fully legalized.
- 60%
⅔ or 66% of current cannabis users said they would use significantly more cannabis instead of their prescription medication if it were covered by insurance [10]
- 69%
69% of physicians believe that CBD is a good treatment option for their patients
CBTs cost less than traditional medications
- On average, adults 65+ spend:
- $3,000 per year on prescription medications
- $650 per year on Medical Cannabis
*This translates to $13-18k in annual healthcare savings per Oncuity patient.
Redefining healthcare norms for seniors
Our seniors are in the midst of a health crisis that is putting our citizens and our healthcare system in peril. We can no longer allow our aging population to suffer in silence, burdened by rising opioid dependence, inadequate solutions for their ailments, and massive healthcare costs. The time is now to create more effective and innovative ways to improve healthcare for American 65+.
The Living Lab
Oncuity’s Living Lab is a research initiative dedicated to the scientific exploration of the endocannabinoid system. It’s comprised of a highly collaborative team of experts fighting for better research to help our country’s most vulnerable population age more comfortably. Their findings will help form the foundation needed to develop evidence-based treatment protocols physicians can use to create safe, effective CBT programs to improve the quality of life for aging adults.
Our Partners
We’ve assembled a team of collaborators who, like us, are fighting for better research to help our country’s most vulnerable population age more comfortably. Our institutional partners in academia and healthcare are conducting cutting edge studies on CBT use in older adults to establish the clinical standard for CBTs and modernize regulatory norms.
Join us in redefining healthcare norms for adults 65+
We have a tremendous opportunity to help our country’s most vulnerable population live happier, healthier lives by tapping into the full potential of cannabinoid-based therapies. Sign up to get involved and receive the latest updates on our radical new approach.
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