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September 3rd, 2009 at 4:47 pm

The 5 most expensive addictions

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The 5 most expensive addictionsDespite growing publicity about ‘soft’ addictions, drinking, smoking, drug abuse, overeating and gambling still are the most costly to society.
The 5 most expensive addictions are:–

* Alcohol. Estimated annual cost: $166 billion. Binge drinking hits the unemployed harder on a per capita basis — 10.4%, vs. 8.4% of employed people. It is most prevalent in small metropolitan locales, rather than big cities or rural areas. The $18 billion spent on alcohol and drug treatment last year represented 1.3% of all health care spending.
* Smoking. Estimated annual cost: $157 billion. The tab includes $75 billion in direct medical expenses, with the rest in lost productivity from ill patients missing work. Given the low-tax (or no-tax) underground cigarette economy on the Web and on Indian reservations, it’s unlikely that sales and usage have dropped much over the past decade, official government statistics notwithstanding.

* Drugs. Estimated annual cost: $110 billion. Like alcohol, illicit drug use is more prevalent among the unemployed. Most addicts are also heavy drinkers, though only a small minority of alcoholics are drug abusers. Crystal meth has followed marijuana, cocaine and heroin as the drug of choice among the young set.

* Overeating. Estimated annual cost: $107 billion. Overeating increases the risk of many health problems, including heart attacks. Obesity causes 14% of attacks suffered by males and 20% of those suffered by females, the National Institutes for Health says, and fewer than a third of adults get regular exercise. The bulk of the $107 billion is the direct cost to treat heart disease, osteoarthritis, hypertension, gall bladder disease and cancer.

* Gambling. Estimated annual cost: $40 billion. Addicted gamblers often feel compelled to chase after bad bets with more money in the hope of winning back their losses. And some who catch the fever develop the need to periodically raise the betting stakes to keep the same thrill. Also, addicts often face job loss, bankruptcy and forced home sales, and they are at greater risk to commit crimes like forgery and embezzlement.

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5 Responses till now...
  • Ruchi
    11:43 pm on September 3rd, 2009 1

    I agree with you. Many families and people suffer because of these addiction ..wish someone get inspired with your post.

  • George Serradinho
    11:55 am on September 7th, 2009 2

    Some addictions can cost ones life in respect to their lifestyle and future of their kids or even their own. Some people have bad habits and the stop and then save thousands a year.

  • Dhiman
    1:56 pm on September 7th, 2009 3

    Good information …didn’t know that overeating is also such a big addiction….

  • khalid
    7:31 am on September 10th, 2009 4

    Very god post, addiction of any thing is bad except blogging, have a nice day.

  • Nihar
    7:32 pm on September 18th, 2009 5

    Some interesting facts… Thanks for sharing this.

 

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