Opioid Addiction Costs Employers $2.6B a Year for Care - NBC 6 South Florida
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Opioid Addiction Costs Employers $2.6B a Year for Care

Employers have been limiting insurance coverage of opioids because of concerns about addiction

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    NEWSLETTERS

    Trump Unveils Opioid Plan in NH

    The president was in New Hampshire Monday to speak about the opioid crisis.

    (Published Monday, March 19, 2018)

    A new report shows large employers spent $2.6 billion to treat opioid addiction and overdoses in 2016, an eightfold increase since 2004. More than half went to treat employees' children.

    The analysis released Thursday by the nonpartisan Kaiser Family Foundation finds such spending cost companies and workers about $26 per enrollee in 2016.

    Employers have been limiting insurance coverage of opioids because of concerns about addiction. The report finds spending on opioid prescriptions falling 27 percent from a peak in 2009.

    Researchers analyzed insurance claims from employers with more than 1,000 workers. Most are self-insured, meaning they assume the financial risk.

    9 Dead as Van Strikes Toronto Pedestrians

    [NATL] 9 Dead as Van Strikes Toronto Pedestrians

    A van driver plowed into Toronto pedestrians Monday, leaving nine dead and 16 injured. The van fled the scene and the driver was taken into custody a short time later.

    (Published 6 hours ago)

    Workers share the costs. Steve Wojcik of the National Business Group on Health says for every $5 increase, employers typically cover $4 and pass $1 to workers.