5 Fast Facts: What's the Real Cost of Vaping? - Paycheck

5 Fast Facts: What’s the Real Cost of Vaping?

Just when we’re trying to improve health care and focus on lowering the cost of prescription drugs, we’ve now got another taxpayer health crisis: vaping.

Two new studies are waving a red flag on e-cigarettes by claiming vaping could hurt us even more than regular cigarettes.

Let’s look at the numbers… 

  • 2,051: The number of confirmed cases of vaping-related illness in the U.S.
  • $300 billion: How much the U.S. government spends each year on smoking-related illnesses
  • $1.15: The new vape tax Congress passed in October on each Juul pod containing 5% nicotine
  • $10 billion: How much the new vape tax will generate for the government over the next ten years
  • 22%: The expected decrease in vape usage thanks to the new tax

Oh, and your health insurance rates? They’ll go up if you vape (because it’s considered the same thing as smoking cigarettes) — not to mention the $15,000 fine you could get if you’re caught lying (“No, insurance officer, I swear, I just naturally smell like slightly burnt cotton candy”).

We should’ve just been listening to Bart all along…

Do you think the new vape tax is the right approach?

It’s a start // Nowhere near enough

Findings from the new e-cigarette studies

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