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October 16, 2019

Study: Opioid crisis cost US economy $631B over 4 years

  • The study was released just ahead of the first federal trial on the crisis, scheduled to start next week in Cleveland.
    • By GEOFF MULVIHILL
    Associated Press

    The opioid crisis cost the U.S. economy $631 billion from 2015 through last year — and it may keep getting more expensive, according to a study released Tuesday by the Society of Actuaries.

    The biggest driver of the cost over the four-year period is unrealized lifetime earnings of those who died from the drugs, followed by health care costs.


     
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