Opioid Litigation: Insurance and Risk Management Considerations
The United States is confronting an opioid epidemic that is taking thousands of lives annually and causing billions of dollars in economic losses. While many are working to address the health effects of the crisis, plaintiff attorneys are litigating the matter, seeking monetary damages against various parties.
City, state, and county governments across the US have filed lawsuits against organizations associated with the manufacturing, distribution, and/or sale of opioids. Litigation targets — including pharmaceutical manufacturers, distributors, pharmacies, prescribing physicians, and pharmacy benefit managers — must develop a comprehensive approach and practice to address and defend against opioid-related claims, as well as maximize any potential insurance coverage.