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Type 2 Diabetes Cost in Australia

Lifetime risk: 1 in 3 with high risk factors Australians will be diagnosed with Type 2 Diabetes

Cost Breakdown

Annual Cost
$1,397/year
Treatment Costs
  • Annual cost$1,397

Source: Zurich Cost of Care Volume 2. Costs are averages and may vary based on individual circumstances.

Risk Statistics

Lifetime Risk
1 in 3 with high risk factors
Current Cases in Australia
1.7M
Key Statistics
  • Undiagnosed: 500000
  • Heart Attack Stroke Risk: 4x higher

Source: Zurich Cost of Care Volume 2. Statistics represent Australian population averages.

Financial Impact

If you have diabetes, you can be up to four times more likely to have a heart attack or stroke. An estimated 500,000 Australians are unaware they have diabetes.

Recovery Period
Lifelong chronic condition requiring management
Average Days Off Work
18 days/year

Insurance Coverage Considerations

Income Protection

Standard Priority

People with Type 2 Diabetes take an average of 18 days off work per year. Income Protection provides 70% income replacement during recovery and treatment periods.

Important: The information above is based on average costs and factual data. It does not take into account your individual circumstances, needs, or financial situation.

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This is general advice only and does not take into account your individual circumstances, needs, or financial situation. You should consider the appropriateness of this general advice before acting on it. Please read the Product Disclosure Statement (PDS) before making a decision. Consider seeking personal advice from a licensed financial adviser. AR: 1244847 | AFSL: 246623

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Important Information

Cost estimates are from Zurich Cost of Care Volume 2 research and represent averages. Your actual costs may vary.

Insurance coverage recommendations are general in nature. This is general advice only and does not take into account your individual circumstances. Speak with a licensed adviser to determine appropriate coverage for your situation.

AR: 1244847 | AFSL: 246623

Source: Zurich Cost of Care Volume 2 (Released June 2024)