opioid settlement

Over the next two decades, tens of billions of dollars will flow into state coffers nationally from the National Opioid Settlement.

Indiana is set to receive $507 million in opioid settlement money over an 18-year period as part of a national lawsuit.

Part of the funds came from the Opioid Settlement payouts.

The money includes $19 million which will support, in part, addiction prevention, treatment, recovery and harm reduction services. It’s part of the $26 billion national opioid settlement reached with drug companies accused of fueling the opioid crisis.

The $507 million settlement is part of a roughly $26 billion payout across 46 states.

The settlement amount had been in flux for months, but a new state law evenly splits the money from the drug companies between the state and local governments.

Indiana’s estimated $507 million share is part of a roughly $26 billion nationwide payout that three opioid distributors and a drugmaker are expected to make to settle lawsuits filed over the nation’s opioid epidemic.

Thus far, the city has been designated $2,130,022 for its first two settlements.