The Estate Blog

inside-alumni

Economic Toll of Opioid Crisis

Posted by Soberman's Contributor on October 1, 2019 at 10:00 AM

corporateloss

Are you aware of the economic toll the opioid crisis is causing in our country?

The cost of the country’s opioid crisis is estimated to have exceeded $1 trillion from 2001 to 2017, and is projected to cost an additional $500 billion by 2020, according to analysis released by Altarum, a nonprofit health research and consulting institute.

The annual cost of the opioid crisis increased from $29.1 billion in 2001 to an estimated $115 billion in 2017 (all cost estimates are shown in 2016 dollars). The growth rate between 2011 and 2016 was double the rate observed between the previous 5 years, and is projected to increase again in 2017. Based on these data, Altarum estimates the cost of opioid misuse, substance use disorders, and premature mortality to exceed $500 billion over the next 3 years if concerted and sustained action to address the crisis is not taken and current use and mortality rates persist.

If you would like to make a comment about this post, please complete the following form and provide your comments:

Topics: Addiction, Executives

The Estate Blog

Soberman’s Estate’s blog has a primary goal to connect with those in need, support the recovery community, and provide inspiring articles, opinions, and research information to help others make the right decisions about treatment and help them reach their potential in recovery.

Learn More:

Contact Us:

info@sobermansestate.com

(480) 595 -2222

Subscribe Here!

Recent Posts