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The benefits to having a sleep health or wellness program inside of your company are numerous and not always all as easily quantifiable as others may be. However, some of the known benefits that Sleep Access will help you to realize are included below.
Increased Employee Health – Studies have shown that drivers who have been screened, tested and treated for the condition of Obstructive Sleep Apnea (OSA) have an overall better time with their other health conditions. With a full nights rest the body’s metabolism begins returning to normal and aides the driver in being healthier overall. One study even shows that, on average, a driver who has been treated for OSA will see a reduction in their health care spending somewhere between $530 - $572 PER MONTH. That is a real dollar direct savings to what they were already spending on average. Other recent studies all agree that the number of health care savings is over $6,000 per treated driver per year. These are not just savings for the employee at the claim level, but will also translate in to savings for the employer in the way of reduced health care premiums. If your company is self-funded, the savings will be even greater.
Increased Employee Retention – In the FMCSA’s Commercial Truck and Bus Safety Literature Review: Health and Fatigue, it was noted that 1/5th of the drivers polled admitted that falling asleep was an issue and they themselves had fallen asleep up to two times in the last 3 months. Being self reports, the study noted that the reality is that the number is much higher. According to some drivers, issues with fatigue and sleep have been a problem that has just not been addressed in an accessible or affordable way for them. In a recent FMCSA study, a company that institutes a sleep apnea program for its workforce can expect to see an increase of 55% in the retention of those drivers affected. In an industry with an extremely high turnover rate, this amount of increased retention is significant benefit.
Reduced Liability Costs – Company’s that implement a Sleep Health Program in their workforce can expect to see reduced traffic accidents and a reduced severity in the accidents that do occur. According to the national studies, this number can be as high as a 30% reduction in the overall number of accidents with the cost per accident being reduced by as much as 48%. Not only that, but continually screening your driving fleet for the prevalence of OSA can help you make sure that your fleet is not just getting safer, but staying safer. Reductions of this size may also be enough to entice your P&C carrier to give you a discount on overall liability premiums. With experience dealing in the insurance arena, Sleep Access can help you explain this deserved reduction and be an advocate for you.
Defense-Ability – Over the last few years news of OSA and its implications have reached the ears of some powerful individuals. Legal teams taking note have even begun using it as fodder for their cases against trucking companies involved in accidents with a surprising success rate. The basis for their argument is a simple question: ‘Do you have a program in place to screen your fleet for the prevalence toward having OSA and if necessary, provide treatment?’ If not, they begin to sharpen their claws. The simple and effective way to be able to defend yourself in court is to be pro-active about OSA in your fleet. Sleep Access can help you take control of the OSA issues around your fleet.
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