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%Begin Opioid Addiction is Costing Employers Billions &nbsp; <h1>Opioid Addiction Costs Employers $2 6 Billion a Year</h1> <h2>Many have cut insurance coverage of opioid prescriptions for workers</h2> Jeffrey Coolidge/Getty Images The cost of opioid addiction is increasing for employers. A new report shows large employers spent $2.6 billion to treat in 2016, an eightfold increase since 2004.
Evelyn Zhang Member
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%Begin Opioid Addiction is Costing Employers Billions  

Opioid Addiction Costs Employers $2 6 Billion a Year

Many have cut insurance coverage of opioid prescriptions for workers

Jeffrey Coolidge/Getty Images The cost of opioid addiction is increasing for employers. A new report shows large employers spent $2.6 billion to treat in 2016, an eightfold increase since 2004.
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Andrew Wilson 4 minutes ago
More than half went to treat employees' children. The analysis released Thursday by the nonpartisan ...
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Sebastian Silva 2 minutes ago
Most are self-insured, meaning they assume the financial risk.
Workers share the costs. Steve ...
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More than half went to treat employees' children. The analysis released Thursday by the nonpartisan Kaiser Family Foundation finds that such spending cost companies and workers about $26 per enrollee in 2016.<br /> Employers have been limiting because of concerns about addiction. The report finds spending on opioid prescriptions falling 27 percent from a peak in 2009.<br /> Researchers analyzed insurance claims from employers with more than 1,000 workers.
Aria Nguyen Member
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More than half went to treat employees' children. The analysis released Thursday by the nonpartisan Kaiser Family Foundation finds that such spending cost companies and workers about $26 per enrollee in 2016.
Employers have been limiting 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.
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Most are self-insured, meaning they assume the financial risk.<br /> Workers share the costs. Steve Wojcik of the National Business Group on Health says that for every $5 increase in health care costs, employers typically cover $4 and pass $1 to workers. <h3>More on Opioids</h3> Cancel You are leaving AARP.org and going to the website of our trusted provider.
Natalie Lopez Member
access_time 9 minutes ago
Most are self-insured, meaning they assume the financial risk.
Workers share the costs. Steve Wojcik of the National Business Group on Health says that for every $5 increase in health care costs, employers typically cover $4 and pass $1 to workers.

More on Opioids

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Opioid Addiction is Costing Employers Billions  

Opioid Addiction Costs Employers $2 6 Bill...

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