Sleep Health Foundation, June 2018
This report written with Deloitte addresses the economic cost of inadequate sleep in Australia, in order to raise awareness of the economic cost of inadequate sleep in Australia. Inadequate sleep includes excessive daytime sleepiness (EDS) and subjective complaint of insufficient sleep. Sleep is essential for effective mental and metabolic functioning, and the consequences of inadequate sleep can be far worse than just tiredness. Sleep disorders such as insomnia, restless legs syndrome (RLS) and obstructive sleep apnoea (OSA) can cause heart disease, obesity, depression and a range of other serious health conditions. Inadequate sleep can also directly lead to fatality – for example if it leads to sleep while driving. The report suggests that the economic cost is:
- health system costs of $1.8 billion, or $246 per person with inadequate sleep;
- productivity losses of $17.9 billion, or $2,418 per person with inadequate sleep;
- informal care costs of $0.6 billion, or $82 per person with inadequate sleep; and
- other financial costs, including deadweight losses, of $5.9 billion, or $802 per person with inadequate sleep.
It also estimates that there will be almost a quarter of million disability adjusted life years (DALYs) (228,162) incurred in Australia in 2016-17 due to inadequate sleep, representing $40.1 billion in lost wellbeing.
Click here to view the full report.