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The Opioid Crisis Might've Cost The US $1 Trillion Since 2001

Opioids have cost the U.S. $1 trillion over the past 15 years, a new analysis shows.
Posted at 2:25 PM, Feb 15, 2018

The opioid crisis has taken a large financial toll on the United States, according to a new report. Analysis from a nonprofit health group found the opioid epidemic cost $1 trillion from 2001 through 2017, and the economic burden doesn't stop there. The group estimates the U.S. could shell out an extra $500 billion through 2020. 

Surveying data from the Centers for Disease Control and Prevention, the group says the hefty price tag factors in things like lost wages and productivity, health care costs and criminal justice spending.

President Donald Trump's new budget proposal includes $10 billion for opioid-related spending in 2019. CDC statistics show more than 42,000 Americans died from opioid overdoses in 2016.

Additional reporting from Newsy affiliate CNN