stay up to date on this topic
diabetes can be expensive — treating the disease will cost our health-care system nearly $30 billion this year. if you live with diabetes, you can often face high costs for supplies such as glucose testing strips, glucose monitors, medications, and syringes. provincial and federal coverage is often limited, and those who have private insurance coverage often face high deductibles.
to learn more about this issue, diabetes dialogue spoke with kimberley hanson, executive director of federal affairs for diabetes canada, and grace leeder, healthcare provider engagement manager at diabetes canada, which receives calls and emails from people all across the country.
how does diabetes affect canadians financially?
hanson we know that the vast majority of canadians with diabetes struggle with what are considered ‘catastrophic costs’—spending more than three per cent of their income to treat their diabetes. a lot of medications and supplies people require are not covered unless the individual has an extended medical plan.
leeder for most folks in canada, diabetes supplies are covered through provincial insurance. but due to insufficient coverage, many people still have to pay high out-of-pocket costs. it’s estimated that people will pay anywhere from between $1,000 up to $5,000 per year out of pocket, depending on how they manage their diabetes.
how do gaps in financial support affect canadians living with diabetes?
hanson according to a statistics canada report from 2014, a quarter of people with diabetes report that they are unable to follow their prescribed treatment because they can’t afford it. that puts their short- and long-term health at risk, which means they may be more likely to go to the hospital emergency room or to develop complications.
leeder we certainly hear from people who are not checking their blood sugar as often as their doctor recommends. they might not be taking their medication as often, either. not being able to properly manage diabetes can lead to complications, such as heart disease, stroke, kidney failure, blindness, and non-traumatic amputation. these complications also have a huge cost on our health-care system.