Ohio, Pennsylvania to receive nearly $400M from opioid settlement

COLUMBUS, Ohio - Ohio and Pennsylvania are slated to receive a combined total of up to $398 million from a $7.4 billion settlement reached with Purdue Pharma and the Sackler family.
The agreement, involving attorneys general from 49 states, the District of Columbia, and five U.S. territories, addresses claims that Purdue Pharma's manufacturing and distribution of opioids contributed to a nationwide addiction crisis.
Pennsylvania is estimated to receive up to $200 million, as announced Monday by Attorney General Dave Sunday. The funds for Pennsylvania will be disbursed over 15 years, with the final amount contingent on the participation of local municipalities.
Sunday stated that a primary goal is to direct funds to addiction prevention, treatment, and recovery programs across the Commonwealth and that his office would continue working with municipal leaders to ensure funds reach communities.
Ohio is set to receive up to $198 million from the agreement, according to an announcement from Attorney General Dave Yost. He stated that the money would assist communities in addressing the impact of the opioid crisis.
In Ohio, funds will be distributed according to the established OneOhio plan: 55% to the OneOhio Recovery Foundation, 30% to local governments, and 15% to the state.
The settlement resolves ongoing litigation against Purdue and the Sacklers, who have acknowledged their involvement in the opioid epidemic. A key component of the settlement is the end of the Sackler family's ownership of Purdue Pharma and their ability to sell opioids in the United States.
Nationally, communities will receive funds over the next 15 years to support addiction-related programs and resources. The majority of the settlement funds are slated for distribution within the first three years, including an initial payment of $1.5 billion from the Sacklers and approximately $900 million from Purdue. Subsequent payments include $500 million after one year, an additional $500 million after two years, and $400 million after three years.
The settlement is subject to the approval of a federal bankruptcy judge. A hearing on the matter is scheduled in the coming days.