Publication date: May 14, 2019
Fortunately, Trump Administration actions to expand treatment, reduce new demand for opioids, and curtail the supply of drugs may be paying off as opioid-involved overdose deaths begin to level off.
In order to guide policies that address the root causes of the epidemic, last week, the Council of Economic Advisers released a report, -The Role of Prices in the Evolving Opioid Crisis,” that provides new insights into some of the factors that drove the epidemic.
CEA finds that the 81 percent reduction in out-of-pocket prices for prescription opioids contributed to between 31 and 83 percent of the rise in overdose deaths involving prescription opioids during the first wave of the opioid epidemic between 2001 and 2010.
In addition, the report emphasizes that falling prices could not explain a substantial portion of the rise in deaths without increased availability of prescription opioids due to liberalized prescribing practices, illicit -pill mills,” deceptive marketing, and inadequate controls.
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