Medicaid Could Save $2.6B Within a Year If Just 1% of Recipients Quit Smoking

Re:Medicaid Could Save $2.6B Within a Year If Just 1% of Rec... by mattw2121 on Tuesday July 25, 2023 @02:36PM (#36867238)

30 million people smoke

$1.50 per pack tax (1.01 fed, giving high estimate for state taxes)

2 packs a day (high)

(30,000,000 x 1%) x (1.5 x 2) x (2 x 365) = 657,000,000

You'd need 4% to quit to even out.

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Re:Medicaid Could Save $2.6B Within a Year If Just 1% of Rec... by photonerd on Tuesday July 25, 2023 @02:41PM (#36867306)

To add onto this (given the actual numbers of ~11 billion collected) you’d actually need 23.63% to quit to lose the same revenue as you’d save with just 1% quitting.

Of course if you had nearly a quarter quit you’d save even more, so…

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Re:Medicaid Could Save $2.6B Within a Year If Just 1% of Rec... by avelis on Tuesday July 25, 2023 @02:37PM (#36867253)

#TheyDidTheMath

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