On World Diabetes Day, new data from Diabetes Australia has revealed that the rising cost of living is putting Australians with diabetes under immense financial pressure, jeopardizing their ability to manage the condition effectively.
The survey, which highlights the growing struggles of those with diabetes, found that over 90% of respondents are experiencing anxiety due to escalating living costs. A staggering 75% worry that managing their condition will soon become unaffordable. Half of those surveyed report already facing difficulties in accessing essential diabetes care, such as GP visits, pathology tests, and insulin supplies.
The research shows that the financial burden of diabetes is increasing. Two-thirds of people with diabetes are now spending more on their condition than they were five years ago. Among these, 61% cite the rising costs of medication and medical technology as their greatest challenges. In response to the financial strain, 44% have resorted to purchasing cheaper, less nutritious food, while 33% are cutting back on necessary diabetes care to save money.
Justine Cain, CEO of Diabetes Australia, expressed concern that the financial barriers to proper diabetes management could lead to a surge in diabetes-related complications, further burdening the healthcare system. “People are being forced to make impossible choices between healthcare and everyday living, and that can have devastating consequences,” Cain said.
Diabetes is already costing the Australian healthcare system an estimated $3.4 billion annually, and this figure is expected to rise if individuals cannot afford adequate care. Without proper management, people with diabetes are at greater risk of developing severe complications, including kidney disease, heart disease, and stroke.
In response to these challenges, Diabetes Australia is launching Diabetes YOUnited, a free membership program designed to provide support to all Australians living with diabetes. “A person’s postcode or bank balance should not be a barrier to good health,” said Cain.
The initiative will offer access to vital information, resources, and Australia’s largest diabetes community, ensuring that people can manage their condition regardless of their financial situation. The program will be available at no cost, while a premium version, Diabetes YOUnited Plus, will offer expanded services and additional benefits for existing members.
By addressing the rising cost of diabetes management and increasing access to support, Diabetes Australia aims to ease the burden on Australians and prevent the long-term health consequences of unmanaged diabetes.
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