Actuarial Insight

Actuarial Analysis of Tobacco Cessation

Leif Associates, Inc., a healthcare actuarial consulting firm, performed a study to establish whether smoking-cessation programs result in sufficient health-care cost savings to provide a return on investment to the health insurers.

This analysis presents an actuarial assessment of the benefits derived from smoking cessation programs compared to their cost. Since the actuarial impact of smoking cessation programs will be different for each insurer, based on the unique distribution of its members, program features, and corporate practices, an estimated actuarial impact was developed based on average assumptions for a population with employer-based insurance coverage.

To read the report, click here.