Authored by Fred Garfield, CEBS, CFP®, CHFC, CLU, RHU
In a recent federal study, the opioid crisis in the United States deeply affects our economy by as much as $500 million annually. This represents a six-fold increase in cost over just the past five years.
The number of opioid painkillers prescribed in the U.S. actually peaked in 2010 and has slightly declined each year through 2015, according to the Centers for Disease Control. However, the CDC also said in July that opioid drugs are still being prescribed about three times more than they were in 1999.
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