Continuing the discussion from The dread G6 session-restart block is here:
I’m splitting this topic off here since it raises an issue I’ve often considered but have not written about. I’m thinking about the US versus Canadian health economics models. While I’ve always enjoyed very good access to things like CGM supplies with reasonable out of pocket costs, I’m starting to wonder if people in Canada might be able to finance these non-covered supplies with the huge avoided costs that I must pay.
For example, I pay about $400 USD/month for insurance premiums before I see dollar number one in benefit. I am covered by Medicare Parts A & B as well as a supplement plan that picks up copay amounts. I’m eligible and pay for a pharmacy benefit plan I earned from my former employment.
I also must fund annual deductibles and copays. In addition, none of my insurance coverage extends to alternate providers like naturopaths or any dental work.
I estimate that I pay $900-$1,000 per month for health costs, including insurance premiums. That’s about one dollar out of every four of my annual income.
On the plus side of this equation, I receive all my pump supplies, test strips, and CGM supplies without out of pocket costs. In reality, I’m already paying dearly for this “benefit.”
I suspect that many people in Canada, while they do often pay 100% for things like CGMs, are financially better off than me.
I’m not well educated about the Canadian health access model but I do know that the system varies from province to province.
What do you think of this idea, especially if you live in Canada?