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I remember looking at the figures ages ago for a different country and if you netted everything out smoking saved the government money. For example here is som
by benmmurphy 5y ago
I remember looking at the figures ages ago for a different country and if you netted everything out smoking saved the government money.
For example here is something from the UK from the IEA:
https://www.publicfinance.co.uk/news/2017/08/smoking-and-drinking-save-public-purse-money https://www.publicfinance.co.uk/news/2017/08/smoking-and-dri...
The Smoking and the Public Purse report argues that the government spends £3.6bn treating smoking-related diseases on the NHS and up to £1bn collecting cigarette butts and extinguishing smoking-related house fires.
The government saves £9.8bn annually in pension, healthcare and other benefit payments due to premature mortality, the IEA said.
Meanwhile, the government brings in £9.5bn a year in duty paid on tobacco, the IEA said. Suggesting this means smoking produces a net saving to public finances of £14.7bn a year, at current rates of consumption.
I think people just assume automatically smokers are a drain on the healthcare system but I wouldn't assume this without having a deep look at the figures.
- wepple 5y agoWow, fascinating. I’m not entirely surprised that the taxes cover the healthcare costs (probably similar in NZ where taxes on smoking are very high), but I was startled by the idea of early mortality being a saving. I would point out that healthcare isn’t an entirely financial game; struggles to get nurses and doctors still mean that smokers will pull resources away from other areas
- maccolgan 5y agoMetrics are useless, by this line of logic we should encourage older people to kill themselves because they consume more resources than the younger who produce them.