The High Costs of Smoking and the New Health Reform Law

In this video, health benefit professional Tom Harte discusses the high cost of smoking. Each year, nearly 500,000 Americans die from cigarette smoking causes – that’s about one out of every five deaths. Nationally, the annual smoking‐attributable health care expenditure runs about $96 billion per year. Preventing the onset of life-style diseases like smoking is imperative to reining in the high cost of health care.

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In this video, health benefit professional Tom Harte discusses the high cost of medicine non-adherence. As many as 50% of people do not take their medicine correctly, and one-third of prescriptions are never even filled. The value of lost productivity, wages and other economic losses has been estimated to cost our health care system nearly $75 billion per year. Medicine is an important part of healthcare: take yours responsibly.
Why Obamacare Will Increase Health Costs
A professor at the University of Chicago for more than 30 years, Gary Becker is a founder of the Chicago school of economics. A winner of the John Bates Clark Medal and of the Nobel Prize in Economics, he is also a senior fellow at the Hoover Institution. In this segment he talks about the weaknesses of the Obama health reform.
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