HHS warns of $8 billion in potential cost to states if opioid overdose limit is not raised

The Centers for Disease Control and Prevention has warned of a potential $8.3 billion shortfall in Medicaid funding if Congress does not raise the opioid overdose prevention and treatment (OPT) limit by 2024.

In a statement Friday, the agency said it has received reports that states would not be able to meet their Medicaid needs without a $8 million increase in federal funding over the next decade.

The federal government spent $18 billion on opioid and fentanyl overdose prevention programs in 2017.

HHS said the federal government is on track to have $23 billion in spending for prevention and care for the opioid and opioid-related conditions in 2024, which includes $2 billion for the PREVENT program.

It said the $2.9 billion increase is expected to pay for an additional 2 million people receiving opioid addiction treatment in 2020.

More:The opioid overdose crisis in the United States has become the nation’s top public health crisis, with more than 12,400 deaths and more than 5,000 opioid overdose deaths in 2018, according to a new report by the Centers for Medicare and Medicaid Services (CMS).HHS has been in the midst of a national opioid epidemic.

The CDC said last year that nearly 8,400 people died from opioids in 2018 and over 8,000 died from overdoses in 2017, more than any year since 2004.

More than 30,000 people were hospitalized for opioid- related illnesses in 2017 and more people died of opioid-Related Illnesses in 2018 than in any year in nearly 40 years, according a report from the Centers For Disease Control & Prevention (CDC).

The CDC reported that the number of deaths related to opioid- Related Illnesses rose 8 percent from 2016 to 2018.