Weekly Opinion Editorial
Caveat Emptor
by Steve
Fair
First, opioids were approved by the Food & Drug Administration(a government agency) for use as a painkiller after extensive study. The FDA first approved opioids for pain relief in the 1970s. Opioids are a class of drugs that include the illegal drug heroin, synthetic opioids such as fentanyl, and pain relievers available legally by prescription, such as oxycodone (OxyContin®), hydrocodone (Vicodin®), codeine, morphine, and several others. Government(FDA) shares significant blame for the opioid crisis in the country, but don’t expect anyone to admit it.
Second, the opioid crisis is real. According to the National Institute on Drug Abuse (a government agency), 130 people in the U.S. die each day from overdosing on opioids. They estimate the economic impact to the country at $78.5 billion annually. They claim up to one third of those prescribed opioids abuse them. The Institute says in 2017, there were 388 overdose deaths involving opioids in Oklahoma—a rate of 10.2. deaths per 100,000 persons, compared to the national rate of 14.6 deaths per 100,000 persons.
Third, opioids have made life bearable for those with chronic pain. The vast majority of those who take opioids are not addicts. There are people who legitimately need pain killers and the government crackdown on physician prescribing abilities have put doctors and those patients in a quandary. This group is left out of the stakeholder conversation.
The blitz to sue drug companies over the opioid crisis isn’t just about public health. Much like the tobacco settlement cases of bygone years, money is the driver. A big settlement is mistakenly seen as a windfall for government, but companies don’t pay settlements or taxes- people do. Johnson & Johnson will not ‘absorb’ these big settlements. They will simply pass them onto their customers in the form of a price increase. It is claimed the drug companies made claims about their product that were untrue, but when does personal responsibility kick in? Is it government’s responsibility to protect ourselves from ourselves? When does the buyer assume the risk that a product may fail to meet expectations or have defects? Caveat emptor!