The Economic Consequences of Opioid Addiction in America

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President Donald Trump has declared the opioid epidemic “a public health emergency.” It has ravaged some communities across the country. But it isn’t just killing people who have become addicted to these powerful pain medications, it’s taking a financial toll too. Some of the areas seeing the most overdose deaths are southwest and northeast Ohio, eastern Kentucky, western West Virginia and western Pennsylvania, according to the Federal Reserve Bank of Cleveland. Some estimates put the nationwide cost at $500 billion The economic cost of the opioid crisis in 2015 was $504 billion, much higher than previous estimates, according to a report from The Council of Economic Advisers (CEA). When taking health-care bills, criminal justice costs and lost productivity, the opioid epidemic is costing Americans billions of dollars a year. “Nobody has seen anything like what is going on now,” Trump said in a speech in October. “As Americans, we cannot allow this to continue. It is time to liberate our communities from this scourge of drug addiction.” Opioids are killing tens of thousands of Americans every year. They include prescription pills (including Vicodin and Oxycontin), as well as heroin and fentanyl, a drug that can be injected or taken through a skin patch or as a lozenge. One city is looking for pay back. New York City Mayor Bill de Blasio said the city is seeking about $500 million in a lawsuit against opioid manufacturers and distributors, to recover some costs New York has suffered as a result of opioid abuse. Opioids have put a financial burden on the city, increasing the use of drug treatment services, inpatient hospital services, medical examiner costs, criminal justice costs, and law enforcement costs, city officials said. Those costs include about 45,000 emergencyroom visits for opioid patients in 2017, and delivering naloxone, an antidote for overdoses. An analysis by the National Center for Injury Prevention and Control, published in the journal Medical Care in 2016, estimated the cost of treating overdoses, abuse and dependence on prescription opioids alone costs American society some $78.5 billion per year. It crunched data from 2013, when some 2 million Americans met the criteria for prescription opioid abuse and dependence, and some 16,000 died from prescription opioid overdoses. To put that figure in context, the U.S. spent $79.9 billion on the Supplemental Nutrition Assistance Program (SNAP) that same year, the researchers said. Page 22 of 159
But the new analysis from CEA is higher because it goes beyond “conventional methods” to account for the value of lives lost, the authors of the report said. Plus, since the previous studies, the opioid crisis has worsened and caused more deaths. Even before the CEA’s analysis, the estimated costs of the crisis were staggering. Patients with untreated opioid use disorders tend to incur $18,000 more in health-care costs annually than those without such a disorder, according to a 2011 study in the American Journal of Pharmacy Benefits. Hospitals One study from the Beth Israel Deaconess Medical Center in Boston found that the average cost of treating an opioid overdose victim in intensive care units jumped 58% between 2009 and 2015. As the addiction persists, patients arrive in a worse condition and require longer stays. In 2015, average cost among 162 academic hospitals was $92,400 per patient in intensive care. Page 23 of 159
Page 2 and 3: Turning the Improbable Into the Exc
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Page 8 and 9: 6. 1 We disseminate Quarterly publi
Page 16 and 17: The White House says the true cost
Page 18 and 19: o Something that makes these number
Page 20 and 21: Data from the CDC analyzing opioid
Page 24 and 25: Criminal Justice The U.S. spent nea
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Page 30 and 31: Employer ‘cost calculator’ help
Page 32 and 33: Some 4.3 million people say they’
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Page 36 and 37: And there's no guarantee that new h
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Page 40 and 41: "It is showing up in the cost of he
Page 42 and 43: Statistics, 15.3%, 14.9%, and 28.4%
Page 44 and 45: eceptors in the body to relieve pai
Page 46 and 47: 2017, the US Department of Health a
Page 48 and 49: found that 25% to 66% of deaths wer
Page 50 and 51: justice reform, and (6) overdose re
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Page 56 and 57: Vicodin. Billy stated he liked it b
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Page 62 and 63: supposed to lessen opiate cravings.
Page 64 and 65: ________ Heroin and Opioid Policy C
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Invest in local, state, and regiona
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Sharon Wegscheider (USA) has pointe
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In an airplane, if the oxygen masks
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Community or Informal Screenings an
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Devon reported, however, that the m
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As a local government administrator
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an opioid overdose. Drug overdose a
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For those with children - should yo
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4. Healthcare system resource utili
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USDA is approaching the opioid cris
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programs from competitive groups of
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Resources Policy & Additional Infor
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AFBF Annual Convention Panel Discus
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The imposition of a tax will certai
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Purdue spokesman Robert Josephson s
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In an interview with California Hea
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During that period, the reduction i
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Previously, three widely cited stud
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While there are many reasons the pr
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Applying Krueger’s research sugge
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2002 $49.6 $6.8 $11.5 $18.3 2003 $5
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As many of the costs are borne by s
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Why are whites experiencing a more
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IX. References 1. https://www.ameri
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Notes _____________________________
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The Underestimated Cost of the Opio
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mitigate. While there are a number
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and a maximum of $8.9 million (both
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group, fatality rates were much hig
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1) and non-fatality costs are $72.7
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References Aldy, J. and Viscusi, W.
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Viscusi, W., and C.J. Masterman. 20
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Combatting the Opioid Epidemic 2019
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Pain Medicine 2011; 12: 657-667 Wil
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Societal Costs of Prescription Opio
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Attachment D Healthcare Costs from
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TOP 10 STATES: TOTAL HEALTH CARE CO
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DISCUSSION The $25 billion estimate
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Advocacy Foundation Publishers Page
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Issue Title Quarterly Vol. I 2015 T
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Issue Title Quarterly Vol. V 2019 O
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LI Nonprofit Confidentiality In The
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Vol. XVIII 2032 Public Policy LXXVI
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Racial Profiling June 2019 Mass Col
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The e-Advocate Journal of Theologic
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Issue Title Quarterly Vol. I 2015 I
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The e-Advocate Juvenile Justice Rep
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2018 - The Theological Law Firm Aca
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www.TheAdvocacyFoundation.org Page
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