New study: Opioid Crisis Cost US Economy $631B Over 4 Years

Posted by Associated Press on

A new study finds that the opioid crisis has cost the U.S. economy $631 billion over the past four years.

The Society of Actuaries released its report Tuesday. It found the highest cost was in lost earnings for those who died in the crisis. Next was health care, a cost borne largely by Medicaid and Medicare.

The society's tally was higher than a cost estimate contained in a 2016 U.S. Centers for Disease Control and Prevention study, but lower than one from the White House Council of Economic Advisers in 2017.  The report was released less than a week before the first federal trial on the opioid crisis is scheduled to begin.

Presented by Battling Opioids, a project of Pennsylvania Public Media.

PBS Kids
VIA Passport



NPR Headlines

Samoa Closes Schools And Mandates Vaccinations Amid Deadly Measles Epidemic

The government declared a state of emergency Friday. At least six people have died. Officials say most of them were...

After Venice Floods, Volunteers Wade In To Help Salvage What They Can

The Italian city is reeling from a week in which floodwaters damaged the city's cultural legacy, as well as homes...

Politics, Industry Backlash, Stall White House Ban On Flavored Vaping Products

In September, the Trump administration said it would ban all flavored e-cigarette products in an effort to reduce...

State Department Loosens U.S. Policy On Israeli Settlements In West Bank

The change, announced by Secretary Mike Pompeo, follows the Trump administration's recognition of Jerusalem as the...



ArtScene Calendar