While Pennsylvania will receive more than $2 billion from a number of opioid-related settlements, the total amount will be less than what officials initially hoped.
During the latest meeting of the Pennsylvania Opioid Misuse and Addiction Abatement Trust on Thursday, Trust Chairman Thomas VanKirk noted that the “Wave 2” settlement money will be at least $200 million less than previously anticipated.
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Pennsylvania is set to spend $1 billion from the National Opioid Settlement – and the focus is on the county level.
Pennsylvania’s share of the $26 billion settlement will be divvied up so that 70% goes to counties, 15% is appropriated by the General Assembly, and 15% goes to counties involved in the opioid litigation, subdivisions, district attorneys, and special districts.
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Fifty Pennsylvania counties have joined a historic global opioid settlement that is expected to bring $1 billion to the state to fight the opioid crisis.
The $26 billion settlement involves the nation’s three major pharmaceutical distributors – Cardinal, McKesson and AmerisourceBergen – as well as Johnson & Johnson. The agreement requires industry changes to help prevent a similar crisis in the future, in addition to the funds, Pennsylvania Attorney General Josh Shapiro said.
“Pennsylvania lost 5,172 lives to overdoses in the last year alone, which is 14 Pennsylvanians a day. This settlement is going to provide resources to jumpstart programs that will change lives and impact families across our commonwealth who are struggling to find treatment and help for those struggling with substance abuse,” Shapiro said. “These funds will be earmarked to offer and expand life-saving treatment options, prioritizing the areas that have been most affected by this crisis.”
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