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Drug addiction can result in Irreversible Financial Distress

drug addiction causes financial stress
Drug Addiction can cause Irrepairable Financial Distress

Drug Addiction reduces the quality of a user’s life in many ways. It can make them do unforgivable things that affect their own families to the extent of collapse. One of the major consequences of drug addiction is financial distress. It can leave families of users with no safety or security for their future. There are many people who used to function normally and had good jobs before they started using drugs.

How does Addiction affect career?

Drugs like Cocaine are dangerous and it makes people who have abused it financially bankrupt. Some of these people were able to keep their jobs, but many of them lost relationships. It is because they could not provide for anything else except their addiction. Highly addictive drugs like Heroin and Meth have ruined many lives. Drug usage is akin to pushing yourself down a rabbit hole where disease, death and bankruptcy are the only constants.

The Chicken and Egg Dilemma

Addiction related financial crunch can happen very and quickly and easily. Studies show that financial stress and debt can result in depression, anxiety and other mental illnesses. It is a cause and effect game when it comes to financial instability and addiction. Each one is driven by the other and they form a vicious cycle. At the end it becomes difficult to determine what caused what just like in the chicken and the egg dilemma. 

Factors that lead to Addiction

It is common assumption that acute addiction is due to poor financial background. But any form of stress like the uncertainty at work or social pressure push people to abuse drugs to alleviate stress. It is thus ironical that since some drugs may cost a fortune addiction in turn causes severe financial crisis.

Let us now examine the financial strain caused by drug abuse and how it affects families of the users in detail:

Job loss due to Drug Addiction

Reduced physical or cognitive functions are telltale signs of drug use. Prolonged drug use can push users to the point where they can no longer work. This can be due to the development of a health concern or some other associated circumstances. It eventually leads to a loss of job and income.

A person addicted to powerful prescription or illicit drugs will find it difficult to fulfil their responsibilities. They are likely to dedicate their lives to maintaining their addiction by quitting their jobs. A study in the year 2018 highlights this problem. The study shows that among unemployed adults aged 18 or older, 18.2 percent were drug users compared to 9.1 percent of people who were employed full time. Addiction therefore impacts a person’s job performance to the level that job loss becomes inevitable.

Lack of money to pay for Medical Insurance

Most addicts end up losing jobs due to addiction. This implies the inability to pay for insurance that could have secured the future of their family. Most middle class families rely on insurance to deal with medical expenses. Hospitalisation in case of medical emergencies can be very expensive. a visit to the emergency room or hospitalisation can devastate families and cripple their finances. It can also rob them of their safety net. Drug usage is likely to result in deterioration of health that can lead to hospitalisations and financial ruin.

Lack of money to spend on Children’s Growth

Drug usage demands money and leads to many expenses. It leaves the user with no money to provide for the well-being of their children. It can rob children of a good education and future. There have been cases where children were denied access to vaccinations due to the lack of money. Addict’s children are also at higher risk of becoming addicts themselves. This is triggered by the stress they are exposed to in their childhood. It can also be caused by the lack of a quality education.

Extra Expenditure for Medical Ailments from Drug Addiction

Medical expense and increased hospital visits because of drug usage are common place among drug abusers. It is caused by the side effects of drugs. Illnesses and injuries in patients using drugs are lead to expensive emergency patient care. Drugs such as cocaine and combination drugs such as Opioids and Inhalants are likely to trigger such illnesses and injuries.

Users who have overdosed or have been poisoned by drugs end up incurring high healthcare costs. Insurance does not always cover these expenses. There will also be an increase in utilisation of acute care and high cost of healthcare in before and after incidence of overdose. Upon overdose, the emergency visits is likely to increase. A user’s family is likely to sell off their accumulated wealth. They are also likely to borrow money to pay the bills.

Legal troubles from Drug Addiction

Heavy dosage and combination drugs cause severe impairment of cognitive abilities. They may lead to them engaging in irrational fights, accidents or even causing harm to one’s own life. It may land them in legal troubles that will need significant amounts of money to deal with. These kinds of occurrence is frequent with substance abusers and can cause societal stigma along with financial loss to their families.

Summary

The above mentioned nuances of addiction are only a common consequence. There may be many more depending on the degree of addiction and the psychological wellness of the user. Life can become better by treating their addiction that is the root cause of all these problems. If you or your loved one is in need for such a treatment, feel free to call a rehab with a good treatment program.

Why Phoenix Rehab is the best choice for recovery from Drug Addiction

Phoenix Rehab is one of the leading Rehabilitation Centres for Alcohol and Drug Addiction in India. The Drug and Alcohol Addiction Recovery Program at Phoenix is reliable, effective and supported by experienced therapists. Our drug de-addiction program is one of the best in the country. It is based on the 12 Step Program approved by the World Health Organization. Our program is supported by an expert team in our state of the art facility. Our multi-disciplinary, holistic and medically guided approach can help heal from the physical, psychological, emotional, social and spiritual ailments of addiction. We have in over a decade of our service enabled hundreds of successful recoveries.

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