Tobacco Cessation: State Economic Benefits

Colorado Facts

For every dollar Colorado spends on providing tobacco cessation treatments, it has an average potential return on investment of $1.24.

Smoking costs Colorado Millions of Dollars Every Year:

 Annual Cost to State
Direct Health Care Expenditures $1,633,706,941
Workplace Productivity Losses $1,229,406,775
Premature Death $1,262,017,026
Total Cost to State Economy $4,125,130,741

Put a different way, the average retail price of a pack of cigarettes in Colorado is $4.90. But the real price of a pack of cigarettes to society and to the state's economy is $19.25 per pack.

This is money that the state government and consumers could be spending in other places. As states look for ways to reduce costs, helping people quit using tobacco is an important solution.

Colorado can Save Money by Providing Smoking Cessation Treatments:

 Average Potential Annual Savings
Direct Health Care Expenditures $3,645,197
Workplace Productivity Losses $5,558,971
Total Average Potential Annual Savings $9,204,168

Helping smokers quit is an important opportunity to not only save lives, but also save Colorado money.

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