Living with type 1 diabetes can have significant costs, both emotionally and financially. And those costs deny many people the opportunity to benefit from diabetes tech.
The JDRF reports that Australian adults living with type 1 diabetes are unable to access life-changing technology due to high costs.
‘Young adults and low-income families with type 1 diabetes (T1D) are facing immense barriers to using and retaining vital technology to manage their disease, with inequitable access and high costs putting them at risk of financial burden and life-threatening complications.’ JDRF, 2021
People with type 1 diabetes spend nearly $5,000 per year to cover health insurance, medical appointments and monitoring equipment.
That financial stress worsens mental health issues like depression, which is already far more common among people with chronic conditions.