CME: Harm reduction policies can yield huge savings

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CME: Harm reduction policies can yield huge savings
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PETALING JAYA: Boutique think tank Center for Market Education (CME) estimates that over RM1.1 billion in government spending can be saved every year ...

Boutique think tank Center for Market Education estimates that over RM1.1 billion in government spending can be saved every year if the government adopts harm reduction policies in the industries of public health and transportation.

Starting with the impact of harm reduction applied to the consumption of nicotine products such as e-cigarettes and heated tobacco products, they estimate healthcare savings of up to RM787.78 million in 10 years, deriving from declines in adult smoking due to switching to less harmful alternatives. Looking at the estimated healthcare savings deriving from the application of harm reduction to electric vehicles, the paper projected that achieving the WHO 2025 targets would bring the healthcare cost down to US$21.919 billion due to air pollution.

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