The Price of Smoking (MIT Press)
| Author | : | |
| Rating | : | 4.42 (929 Votes) |
| Asin | : | 0262195100 |
| Format Type | : | paperback |
| Number of Pages | : | 320 Pages |
| Publish Date | : | 2014-09-14 |
| Language | : | English |
DESCRIPTION:
The findings on the effects of smoking on Medicare and Medicaid will be surprising and perhaps controversial, for the authors estimate the costs to be much lower than the damage awards being paid to 46 states as a result of the 1998 Master Settlement Agreement.. The cost per pack over a lifetime of smoking: almost $40.00. What does a pack of cigarettes cost a smoker, the smoker's family, and society? This longitudinal study on the private and social costs of smoking calculates that the cost of smoking to a 24-year-old woman smoker is $86,000 over a lifetime; for a 24-year-old male smoker the cost is $183,000. The first study to quantify the cost of smoking in this way, or in such depth, this accessible book not only adds a weapon to the arsenal of antismoking messages but also provides a framework for assessment that can be applied to other health behaviors. The total social cost of smoking over a lifetime -- including both private costs to the smoker and costs imposed on others (including second-hand smoke and costs of Medicare, Medicaid, and Social Security) -- comes to $106,000 for a woman and $220,000 for a man
The book is easy to follow, even for a noneconomist. However, they question whether the $206 billion Master Settlement Agreement can be justified and suggest that the answer depends in part on how the funds are used. This book, with its clear exposition and easy-to-follow organization, should serve as an excellent primer for readers who want to bring themselves up to speed on the state of knowledge about smoking-related costs. The book breaks new ground in using a lifetime-cost framework that carefully teases out the "internal" and "external" costs of smoking -- that is, the part of the cost the smoker bears versus the part imposed on others. That smoking costs a substantial amount in terms of health care services, lives lost, and other costs will not surprise those
Economics of smoking D. Davis Great book; The authors measure the cost of smoking, using a technique I had not seen before in the literature. They consider costs comparing smokers to nonsmoking smokers. The latter are persons with the same characteristics as smokers, but that do not smoke. It is a very exact way of measuring the costs of smoking. The book also measure quasi external costs of smoking; that is, costs born by nonsmoking family members of smokers. It is a must have for anyone interested in the economics of smoking or the costs of poor health habits.. Excellent book! Wonderful for smokers wanting to know what the bad habit can do for you. Especially recommended!