The city has so far received $153 million from settlements with pharmaceutical companies, but expects hundreds of millions more in the coming years.
New York City plans to spend money it has received from legal settlements with opioid manufacturers faster as it looks to increase addiction services and lower the city’s stubbornly high rate of overdose deaths, Mayor Eric AdamsTo date, the city has received $154.3 million from city and state settlements with pharmaceutical companies that have been accused of exacerbating the opioid crisis. The mayor’s office said the funding pool is expected to grow to $500 million by 2040.
The opioid settlement funds will go toward uses that include expanding services offered at syringe exchange programs, supporting treatment programs at public hospitals and upgrading the forensic toxicology lab at the Office of the Chief Medical Examiner, according to the mayor’s office. “This money will continue to fund evidence-based strategies and today's announcement adds even more clarity to how the Adams administration is acting decisively to support programs across the substance use care continuum, including harm reduction, treatment and community support,” Tannor said.
By fiscal year 2027, public hospitals will receive $22 million annually from the settlement dollars for services such as “addiction response teams,” according to the city. The city is launching the model at hospitals in the Bronx, Queens and Harlem to provide patients addicted to opioids with rapid access to medication and help them connect to longer-term treatment, according to the mayor’s office.
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