Counting the Cost: Pennsylvania's Financial Strain from the Opioid Crisis
The opioid crisis has cost the U.S. economy $631 billion over the past four years. The highest cost was for those who died in the crisis, followed by healthcare costs largely borne by Medicaid and Medicare.
Imagine facing an economic burden that stretches beyond just healthcare costs. In this episode of 'Battling Opioids,' the focus is on the staggering financial toll the opioid crisis has taken on Pennsylvania. With reporting by Paul Lazar and JADonnelly, listeners are taken through a detailed exploration of how the crisis has cost the U.S. economy a jaw-dropping $631 billion over the past four years. The heaviest costs? Lives lost and healthcare expenses, particularly those shouldered by Medicaid and Medicare.
Pennsylvania's Auditor General, Eugene Depasquale, makes a compelling case for legislative action, backed by a new study from his office. Depasquale highlights that at least $25 million in tax dollars went towards opioid-related hospital stays for Medicaid recipients alone. But it doesn't stop there. The economic strain spills over into emergency rooms and law enforcement, showing just how far-reaching the impact is. The episode also dives into the pressing need to legalize fentanyl test strips and expand Medicaid-assisted addiction treatment.
These measures could be game-changers in reducing opioid deaths and easing the financial burden on the state's healthcare system. If you're curious about how Pennsylvania is fighting back against this crisis, or if you're directly affected by these issues, this episode offers a thorough and empathetic look at the economic realities of opioid addiction. Tune in to understand more about the cost of this epidemic and what steps are being taken to mitigate it.