The total economic cost of the opioid crisis in Missouri was $12.6 billion in 2016, according to new research from the Missouri Hospital Association’s Hospital Industry Data Institute.
Costs associated with deaths from overdoses accounted for 96 percent of this number, with the opioid overdose mortality rate nearly doubling in Missouri between 2012 and 2016. The 921 opioid overdose deaths in Missouri cost the state $12.1 billion, while nonfatal opioid misuse cost the state $519 million.
“Although Missouri is making some progress in addressing the crisis — including Good Samaritan protections for assisting overdose victims and open access to naloxone to reverse opioid overdose — it’s clear that significant work remains to minimize the societal cost of opioid use disorder,” Herb Kuhn, president and CEO of the Missouri Hospital Association, said in a statement.
Nationally, the economic burden of opioid deaths and misuse cost the U.S. $504 billion, or 2.8 percent of the nation’s gross domestic product in 2015, according to data from the White House Council of Economic Advisors.
Kuhn said in Missouri, 4.2 percent of the state’s GDP is lost to opioid use disorder and opioid-related deaths, exceeding the national average.
Read more: St. Louis Business Journal