Growing Adoption Of This Company''s Technologies Could Reportedly Prevent Alcohol Abuse in Workplaces
SOBR Safe Inc. (NASDAQ: SOBR ) reports helping to fight a growing alcohol addiction in the workplace. The annual cost of alcohol abuse in the U.S. is expected at about $249 billion. Nearly half of all injuries resulting from industrial accidents are alcohol-related, and 1-in-10 U.S. commercial drivers test positive for alcohol — the highest rate worldwide. Alcohol use disorder (AUD) is to blame for many of the cases. People with AUD have problems controlling their drinking, which leads to health and safety issues. Alcohol Use Disorder Approximately 15 million Americans have AUD, contributing to the $38 billion addiction rehabilitation industry in the U.S. Insurance providers were projected to spend $280 billion on substance abuse and mental health in 2020 — a $109 billion increase over the past 10 years. But an estimated 90% of people with AUD relapse within four years of treatment. Stemming The Tide To stem the tide of AUD, SOBRSafe and companies like Abbott Laboratories (NYSE: ABT ) and Honeywell International Inc. (NASDAQ: HON ) are advancing research and development into treatment …
Growing Adoption Of This Company''s Technologies Could Reportedly Prevent Alcohol Abuse in Workplaces
SOBR Safe Inc. (NASDAQ: SOBR ) reports helping to fight a growing alcohol addiction in the workplace. The annual cost of alcohol abuse in the U.S. is expected at about $249 billion. Nearly half of all injuries resulting from industrial accidents are alcohol-related, and 1-in-10 U.S. commercial drivers test positive for alcohol — the highest rate worldwide. Alcohol use disorder (AUD) is to blame for many of the cases. People with AUD have problems controlling their drinking, which leads to health and safety issues. Alcohol Use Disorder Approximately 15 million Americans have AUD, contributing to the $38 billion addiction rehabilitation industry in the U.S. Insurance providers were projected to spend $280 billion on substance abuse and mental health in 2020 — a $109 billion increase over the past 10 years. But an estimated 90% of people with AUD relapse within four years of treatment. Stemming The Tide To stem the tide of AUD, SOBRSafe and companies like Abbott Laboratories (NYSE: ABT ) and Honeywell International Inc. (NASDAQ: HON ) are advancing research and development into treatment …