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State announces $ 26 billion settlement to resolve opioid proceedings

The state has announced a historic $ 26 billion settlement with pharmaceutical companies to resolve thousands of opioid crisis proceedings, funding the national community to address the unabated epidemic of painkiller addiction. It paved the way for the impact.

McKesson, AmerisourceBergen, and Cardinal Health’s three major drug distributors and pharmaceutical companies Johnson & Johnson have been in talks for over two years, but Wednesday’s announcement is the money the state will receive early next year.

The state can’t spend that money to fill a typical budget hole, as it did after making a $ 206 billion deal with a tobacco company in the 1990s. Instead, most should be spent on social welfare to address the harm of opioid addiction, such as treatment programs, education on how to dispose of pills and needles, and increased funding for first responders. One community may use it to solve a major problem of addiction in the homeless population, while another may be more focused on opioid addicted babies.

“It will not be used to fill potholes, build libraries, or balance budgets,” said Paul Geller, a plaintiff’s lawyer representing several cities and counties involved in the transaction. Said.

Individuals and families affected by opioid abuse do not receive money directly.

State announces $ 26 billion settlement to resolve opioid proceedings

Source link State announces $ 26 billion settlement to resolve opioid proceedings

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