It turns out smokers do cost more while alive, but die sooner which mostly erases the difference in medical costs. There are estimates for lost productivity amounting to 150 Billion per year in the US, but again these ignore the fact Nicotine is a stimulant.
Clearly the living have higher medical costs than the dead so some indirect savings exist. Thus, net costs are below that 170B and thus wildly off of a 500B net healthcare cost.
I don’t want to defend cigarettes which are I feel are very much a bad thing. However, I object to people misusing statistics and generally deceptive practices.
Cigarettes are bad because they kill people and cause direct suffering. The relative impact to your taxes and national GDP are irrelevant by comparison.
I agree that we should be honest with the stats, which is why I think it was disingenuous to claim that $500 billion was wildly off when the reported costs from the CDC were a substantial portion of that. Sure, we can start considering secondary effects like cost savings from people dying early and productivity lost, etc. etc. But all I'm saying is that I don't think the original claim was on its face absurd.
Agreed that we shouldn't be doing some absurd cost-benefit analysis for the economy when considering whether to combat smoking, obviously people dying is sort of a priori bad.
Also, if you object to wildly off base that’s fair. I would call even the 3x difference between the CDC’s 170B and my simplified 500B sanity check as wildly off base. But, that’s just my scale +/- 50% is fine, 2x raises read flags for me, but out at 3+x is a fundamental incompatibility in different estimates.
Remove cigs, replace them with vapes. Presumably the effect is the same, but the vapers live slightly longer than they would've if they were smokers.
I would be surprised if the stimulating effects outstripped the dying early effects.
edit: just did a brief search and apparently on aggregate former smokers who quit have increased productivity following quitting, so even while smoking there is decreased productivity effects
$5T would be "wildly off"...
And you must concede that even "only" a $170B reduction in medical costs could change the entire market.
It may cost 20$ to eat out at lunch, but the alternative is not skipping eating. So the net cost for eating out is the delta between my options.
Random study: Results Smoking was associated with a greater mean annual healthcare cost of €1600 per living individual during follow-up. However, due to a shorter lifespan of 8.6 years, smokers’ mean total healthcare costs during the entire study period were actually €4700 lower than for non-smokers. For the same reason, each smoker missed 7.3 years (€126 850) of pension. https://bmjopen.bmj.com/content/2/6/e001678.
You’re making GP’s point. If you filter for just tobacco users from the general population it could very well be above a million per tobacco user.