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.