Opioid Addiction Costs Employers $2.6B a Year for Care - NBC 10 Philadelphia
National & International News
The day’s top national and international news

Opioid Addiction Costs Employers $2.6B a Year for Care

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

    processing...

    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.

    Honda Odyssey Tops Minivan Crash Test List

    [NATL] Honda Odyssey Tops Minivan Crash Test List

    The Insurance Institute for Highway Safety has released new crash ratings for minivans.

    (Published 2 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.