April 25, 2024

Alabama Opioid Settlements: $728 Million & Climbing

The opioid epidemic swept across the United States, leaving a trail of addiction, overdose, and death in its wake. Alabama iscommitted to making the companies involved own up to their role in the opioid crisis.

So far, Alabama has secured over $728 million in settlements from healthcare and drug companies. This is a big win in the battle against opioids, but it’s not over yet.

Settlement Breakdown:

McKinsey: $9,229,422
Allergan: $34,040,657
Walmart: $38,700,000
Teva: $57,138,934
Johnson & Johnson: $70,329,014
CVS: $75,581,592
Walgreens: $82,187,066
McKesson: $141,000,000
AmerisourceBergen Drug Corporation & Cardinal Health: $220,000,000

Alabama Opioid Impact:

The opioid crisis impacts all areas of Alabama’s economy, such as healthcare, education, business, and local government. It’s a problem that doesn’t discriminate, affecting people from all walks of life, regardless of where they live, their race, or their social status.

From 20062014, there were 5,128 overdose-related deaths in Alabama.
In 2012, Alabama had the highest per-capita opioid prescription rate in the nation
In 2016, there were 741 overdose deaths, with opioids (including prescription and heroin) accounting for most deaths.

National Facts & Figures:

More than 760,000 people have died from a drug overdose in the U.S. since 1999.
Nearly 75% of drug overdose deaths in 2020 involved an opioid.
The number of overdose deaths involving opioids in 2021 was 10 times the number in 19992.

The Fight Continues:

The fight is ongoing, but these payments give Alabama better resources to deal with future challenges. This includes more programs to stop opioid misuse, more places for treatment, and more help for the people and families affected.

“These payments are about more than the money; it’s a promise to future generations that we will do all we can to stop this tragedy from happening again,” said Beasley Allen lawyer RhonJones.

As with previous opioid settlements, the state will share the settlement funds with local governments and public hospitals. The state’s portion of the settlement funds will go directly into the state’s General Fund.

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