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Prognosis: Misconception

The Other Epidemic

Prognosis: Misconception

Bloomberg

Health & Fitness, Science

4.1838 Ratings

🗓️ 20 April 2020

⏱️ 13 minutes

🧾️ Download transcript

Summary

Before COVID-19 started spreading around the U.S., the country was already attempting to deal with another health crisis: opioid dependency. Although opioid-treatment programs are considered essential public facilities and are allowed to stay open during statewide stay-at-home orders, experts are worried the coronavirus could exacerbate the opioid epidemic, possibly leading to more overdoses.

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Transcript

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0:00.0

The forces shaping markets and the economy are often hiding behind a blur of numbers.

0:04.8

So that's why we created The Big Take from Bloomberg Podcasts, to give you the context you need to make sense of it all.

0:11.5

Every day in just 15 minutes, we dive into one global business story that matters.

0:16.1

You'll hear from Bloomberg journalists like Matt Levine.

0:19.1

A lot of this meme stock stuff is, I think, embarrassing to the SEC.

0:23.3

Follow the Big Take podcast on the IHeart Radio app, Apple Podcasts, or wherever you listen.

0:32.4

Welcome to Prognosis. I'm Laura Carlson.

0:38.3

It's day 40 since coronavirus was declared a global pandemic.

0:43.3

Our main story?

0:45.3

Opioid addiction had ravaged large parts of the country before coronavirus came along.

0:51.3

Now, those in recovery face a double whammy from the outbreak, increased

0:57.0

vulnerability to the illness, and limits on addiction treatments that can only be done in person.

1:04.0

But first, here's what happened today.

1:23.1

Democrats and the Trump administration are racing to finish a deal for a nearly $500 billion interim coronavirus rescue package in time for Congress to approve it this week.

1:29.3

The two sides have yet to hammer out many of the details.

1:33.3

Democrats and Republicans disagree about a formula to distribute health care aid to states

1:39.3

and which agency should oversee a stepped-up testing program,

1:43.3

according to people familiar with the discussions?

1:47.0

The package would inject billions into the tapped-out Paycheck Protection Program,

1:52.0

which aims to help small businesses keep paying workers.

1:56.0

The SBA program has already exhausted the $350 billion it was allotted just weeks ago.

2:03.6

It also includes funding for hospitals, particularly in rural areas, and a testing program.

...

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