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Waltzing the Dragon

Finances

Canadian perspective on type 1 diabetes
Managing a chronic illness involves extra financial obligations, both in the present and in the future. Many of us parents add diabetes-related expenses to our typical parental worries: we don’t have extended health insurance to cover diabetes supplies – what are our options? how can we finance an insulin pump and supplies? will my daughter be able to afford test strips when she is out on her own?

In Canada we are fortunate to have access to federal programs like the Disability Tax Credit, and Registered Disability Savings Plans (plus the associated Grants and Bonds), which can help manage diabetes expenses in the present, as well as save for our child’s future expenses. This section explores the financial aspects of personal diabetes care.


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