Smoking to vaping cost benefit analysis
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Smoking to vaping cost benefit analysis
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Imagine a change in the use of nicotine caused by introduction of vapour products
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Before
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Adult population50million
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Smoking prev20%
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Vaping prev0%
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After
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Adult population50million
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Smoking prev10%
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Vaping prev30%
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Impact of change per person
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Value of stopping smoking£74,000
DH/MHRA impact assessment value of successful smoking cessation = £74,000
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Relative risk vaping: smoking
5%
PHE = 95% lower
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Cost of starting vaping compred to abstinence
£3,700
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Imapact of change on population
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Impact of change in smoking
£370billion
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Impact of change in vaping-£56billion
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Net value of change£315billion
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(+ve is a benefit)
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